Multiple Choice
The net income reported on the income statement for the current year was $60,000.Depreciation recorded on fixed assets was $31,000.What is the cash flow from operations that would appear on a cash flow statement using the indirect method?
A) $29,000
B) $60,000
C) $31,000
D) $91,000
Correct Answer:
Verified
Correct Answer:
Verified
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