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Holly Oaks, Inc

Question 56

Multiple Choice

Holly Oaks, Inc. is preparing the company's statement of cash flows for the fiscal year just ended. Using the following information, determine the amount of cash flows from operating activities using the indirect method: Holly Oaks, Inc. is preparing the company's statement of cash flows for the fiscal year just ended. Using the following information, determine the amount of cash flows from operating activities using the indirect method:   A) $373,200. B) $170,000. C) $267,000. D) $329,900. E) $256,000.


A) $373,200.
B) $170,000.
C) $267,000.
D) $329,900.
E) $256,000.

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