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Find the cash flows from operating activities

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Question - Accounts receivable arising from trade transactions amounted to $62,000 and $78,000 at the beginning and end of the year, respectively. Net income reported on the income statement for the year was $125,000. Exclusive of the effect of other adjustments, find the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method?

a. $125,000.

b. $141,000.

c. $109,000.

d. $140,000.

Reference no: EM132632307

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