Statement of cash-flows in the amount


On December 31, 2009, Tiras Company reported net income of $50,000 and sales of $200,000. The company also reported beginning and ending accounts receivable at $20,000 and $25,000, respectively. Tiras will report cash collected from customers in its 2009 statement of cash flows (indirect method) in the amount of:

  1. $0.
  2. $245,000.
  3. $205,000.
  4. $195,000.

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Business Management: Statement of cash-flows in the amount
Reference No:- TGS0101557

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