3, Using the indirect method of cash flow statement, what is the net cash provided by financing activities for the year 2020? " A) Cash inflows of $910 B) Cash outflows of $990 C) Cash inflows of $170 O D) Cash outflows of $170 O E) None of the above. 4. Using the indirect method of cash flow statement, what is the net change in cash for the year 2020? O AJ Decrease in cash by $250 O B) Increase in cash by $250 O C) Increase in cash by $480 O D) Decrease in cash by $230 O E) None of the above

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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INI60 rah MW1100 Nabat x
BFIN360 A2 Fall 2021202
->
adocs.google.com/forms/d/e/1FAlpQLSdhx/wkRBg-5yslim AeX919m21SF4)xzbwov4D68WUmoFzSq/formResponse?pli=1
3. Using the indirect method of cash flow statement, what is the net cash
provided by financing activities for the year 2020? "
O A) Cash inflows of $910
O B) Cash outflows of $990
O C) Cash inflows of $170
O D) Cash outflows of $170
O E) None of the above.
4. Using the indirect method of cash flow statement, what is the net change in
cash for the year 2020?
O A) Decrease in cash by $250
O B) Increase in cash by $250
O C) Increase in cash by $480
O D) Decrease in cash by S230
O E) None of the above.
10:13
A D 4) ENG
22-De
Transcribed Image Text:INI60 rah MW1100 Nabat x BFIN360 A2 Fall 2021202 -> adocs.google.com/forms/d/e/1FAlpQLSdhx/wkRBg-5yslim AeX919m21SF4)xzbwov4D68WUmoFzSq/formResponse?pli=1 3. Using the indirect method of cash flow statement, what is the net cash provided by financing activities for the year 2020? " O A) Cash inflows of $910 O B) Cash outflows of $990 O C) Cash inflows of $170 O D) Cash outflows of $170 O E) None of the above. 4. Using the indirect method of cash flow statement, what is the net change in cash for the year 2020? O A) Decrease in cash by $250 O B) Increase in cash by $250 O C) Increase in cash by $480 O D) Decrease in cash by S230 O E) None of the above. 10:13 A D 4) ENG 22-De
Required
Consider the following selected financial information for Green Woods Company.
Green Woods Company
Green Woods Company
Balance Sheet
For the Year Euded December 31, 2019 & 2020
Income Statement
For the Year Ended December 31, 2020
2020
2019
Assets
$230
$480
Revenues
$9.000
Accounts RecEvable
n tories:
$510
$590
5960
S980
S3.140 $2 150
$15201.(S80)
Less: Depreciation expense
S650
Less Other operating expenses
7 100
Plaat & Egupoent
Less AccmaNDepecabon
Total Assets
Liabilities & OE
Less Interest Expense
440
S810
S170
5550
S120
$280
S& 30
S910
$1 100 $1.550
Income before income taxes
Accounts Payalik
ncome Tax Payable
Lenp Term De
Comman StocK
Retained Eatr
$270 00
Income tax expense
Net income
S510
01S
S3.310 $3.310
00ES
Total Liebilitiess and 0 E
Transcribed Image Text:Required Consider the following selected financial information for Green Woods Company. Green Woods Company Green Woods Company Balance Sheet For the Year Euded December 31, 2019 & 2020 Income Statement For the Year Ended December 31, 2020 2020 2019 Assets $230 $480 Revenues $9.000 Accounts RecEvable n tories: $510 $590 5960 S980 S3.140 $2 150 $15201.(S80) Less: Depreciation expense S650 Less Other operating expenses 7 100 Plaat & Egupoent Less AccmaNDepecabon Total Assets Liabilities & OE Less Interest Expense 440 S810 S170 5550 S120 $280 S& 30 S910 $1 100 $1.550 Income before income taxes Accounts Payalik ncome Tax Payable Lenp Term De Comman StocK Retained Eatr $270 00 Income tax expense Net income S510 01S S3.310 $3.310 00ES Total Liebilitiess and 0 E
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