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Author Question: In preparing cash flows provided by operating activities using the indirect method, which of the ... (Read 52 times)

majortom123

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on: Feb 5, 2023

Question 1

In preparing cash flows provided by operating activities using the indirect method, which of the following items is deducted from net income?
◦ Decreases in current liability balances
◦ Decreases in current asset balances
◦ Losses on investing and financing transactions
◦ Non-cash expenses such as amortization

Question 2

In preparing cash flows provided by operating activities using the indirect method, which of the following items is added to net income?
◦ Increases in current asset balances
◦ Decreases in current liability balances
◦ Non-cash expenses such as depreciation
◦ Gains on investing and financing transactions
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by majortom123 on Feb 5, 2023

reason44

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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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majortom123

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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