Under the indirect method of preparing the operating of the statement of cash fl

Question

Under the indirect method of preparing the operating of the statement of cash flows, net cash provided by operating activities is $207,000. iF the direct method of preparing the operating section of the statement of cash flows was used: a) cash provided by operating activities would be more than $207,000 b) cash provided by operating activities would be less than $207,000 c) cash provided by financing and investing activities would equal $207,000 d) cash provided by operating activities would be the same $207,000

Explanation / Answer

Hi, If you like my answer rate me first...that way only I can earn points. Thanks d) cash provided by operating activities would be the same $207,000 Cash provided by operating activities are always same irrespective of the method used.

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