Operating Activities: Indirect Method Video Lessons

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Problem: Net income for Trex Outdoors in 2009 was $9,154 (in thousands). There was an addition to net income on the statement of cash flows for $2,106 (in thousands) for the change in accounts receivable. The accounts receivable balance on December 31, 2008 was $20,851 (in thousands). How much was the accounts receivable balance on December 31,  2009?  A. $11,260 (in thousands) B. $18,745 (in thousands) C. $22,957 (in thousands) D. $20,851 (in thousands)

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Net income for Trex Outdoors in 2009 was $9,154 (in thousands). There was an addition to net income on the statement of cash flows for $2,106 (in thousands) for the change in accounts receivable. The accounts receivable balance on December 31, 2008 was $20,851 (in thousands).

How much was the accounts receivable balance on December 31,  2009

A. $11,260 (in thousands)

B. $18,745 (in thousands)

C. $22,957 (in thousands)

D. $20,851 (in thousands)

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