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    Cash Flow multiple choice

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    Use the attached file to answer teh following questions:

    19. What would be the net cash flows from operating activities for 5-Cat if they prepared an indirect method statement of cash flows?
    A. $10,810
    B. ($13,190)
    C. ($47,710)
    D. $85,000

    20. What would be the end result of an indirect method statement of cash flows for 5-Cat?
    A. Net Income $10,810
    B. Net Cash Flows from Investing Activities $8,900
    C. Net increase in cash $47,710
    D. Net decrease in cash $52,000 E. None of the other answers

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    Solution Summary

    The correct answer for the two cash flow questions has been presented.