Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 6MCQ: Which of the following statements is true? a. Net cash flow from operating activities must be...
Related questions
Question
Which of the statements is Not True about operating cash flows
a)
b) Increases in inventories are deducted from cost of the goods sold
c) It is equal to cash collected from sales - cash outflows for production costs- cash outflows for operating expenses – cash outflows for financial expenses – cash outflows for taxes
d) Increases in the trade receivables are deducted from net sales
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