Anthony Inc. reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000 and $21,000 respectively. Ending balances in these accounts were $10,500 and $29,000, respectively. Using just this information what is Anthony Inc.'s net cash flows from operating activities?

$268,500

Explanation:

When you use the indirect method to calculate net cash flows, you start with net income and then adjust it by:

net cash flow from operating activities = $270,000 + $6,500 - $8,000 = $268,500

answer; i believe both technician (a) and (b) are correct; /// good luck

client registration system, resource management system, clinical management system, patient information database, common use-system interface

explanation: