Given the following data from company def, using the direct method of cash flows the company would have determined its cash inflow to be: $30,000.00 Accounts receivable, at 12/31/2018 $20,000.00 Accounts receivable, at 12/31/2019 $507,000.00 Sales for year 2019 $357,000.00 Gross Profit A) 497,000 B) 367,000 C) 347,000 D) 517,000
Given the following data from company def, using the direct method of
$30,000.00 Accounts receivable, at 12/31/2018
$20,000.00 Accounts receivable, at 12/31/2019
$507,000.00 Sales for year 2019
$357,000.00 Gross Profit
A) 497,000
B) 367,000
C) 347,000
D) 517,000
Cash flow Statement: This statement showing the inflows and outflows of cash and cash equivalents during the particular year. It measures how well the company generates cash to pay its debt obligations and fund its operating expenses.
Cash flow statement divided into three different activities:
1) Cash flow from operating activities.
2) Cash flow from investing activities.
3) Cash flow from Financing activities.
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