Multiple Choice
A company reports the following balances: 
What is reported on the statement of cash flows prepared with the indirect method for the year ended December 31,2020? Assume there were no retirements of common stock or additional purchases of Treasury Stock during 2020.No dividends were declared in 2020.
A) Financing Activity of $144,000
B) Financing Activity of $161,000
C) Operating Activity $16,000
D) B and C
Correct Answer:
Verified
Correct Answer:
Verified
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