Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8. help pls Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income
8. help pls
Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2024 Revenues and Gains Sales Revenue $159,000 Interest Revenue 6,300 Total Revenues and Gains $165,300 Expenses and Losses Cost of Goods Sold $120,000 Salary Expense 21.000 Depreciation Expense 7,200 O A $8.100 B. $(30,900) $10,800 D. $12.800) Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2024 Revenues and Gains Sales Revenue $159,000 Interest Revenue 6,300 Total Revenues and Gains $165,300 Expenses and Losses Cost of Goods Sold $120,000 Salary Expense 21.000 Depreciation Expense 7,200 O A $8.100 B. $(30,900) $10,800 D. $12.800) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started