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Author Question: A decrease in accounts payable is added to net income when using the indirect method of calculating ... (Read 41 times)

blkth103

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on: Feb 5, 2023

Question 1

When preparing the statement of cash flows using the indirect method, gains from financing activities are added to net income to arrive at cash flows from operating activities.
◦ true
◦ false

Question 2

A decrease in accounts payable is added to net income when using the indirect method of calculating cash flows provided by operating activities.
◦ true
◦ false
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by blkth103 on Feb 5, 2023

xinyiff

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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blkth103

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

Bigfoot1984

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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