Easter Company provided the following data for the preparation of the statement of cash flows: Increase in accounts receivable - 300,000; Decrease in accrued expenses - 170,000; Net loss - 250,000;...



Easter Company provided the following data for the preparation of the statement of cash flows: Increase in accounts receivable - 300,000; Decrease in accrued expenses - 170,000; Net loss - 250,000; Depreciation - 1,000,000; Gain on sale of machinery 230,000. What amount should be reported as net cash flows from operating activities using indirect method?





A. 50,000












B. 550,000












C. 650,000












D. none of them









Jun 10, 2022
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