Allyson Corporation uses the indirect method to prepare its statement of cash flows. If the net cash
Question:
Allyson Corporation uses the indirect method to prepare its statement of cash flows. If the "net cash provided by operations" on its statement was \(\$ 37,500\), what would the net cash provided by operations using the direct method be?
a. Less than \(\$ 37,500\)
b. \(\$ 37,500\)
c. More than \(\$ 37,500\)
d. Cannot be determined from the information provided
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