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Cash Flow multiple choice

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


Solution Summary

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