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The reained earminp account has a begnning balance of $326,475 and an ending balance of $357,213. Net income is $40,651. Which of the following statements is correct? O BNATS wd be added when detemining cash fows trom operating activities OM w bs added when deemining cash fows from francing activities O wot be ed when detemining cash fows from financing activities O BATA d aed when delemining cash flows from francing activities

The reained earminp account has a begnning balance of $326,475 and an ending balance of $357,213. Net income is $40,651. Which of the following statements is correct? O BNATS wd be added when detemining cash fows trom operating activities OM w bs added when deemining cash fows from francing activities O wot be ed when detemining cash fows from financing activities O BATA d aed when delemining cash flows from francing activities

Cornerstones of Financial Accounting
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 52PSB
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Question 25 The retained eaming account has a beginning balance of $326,475 and an ending balance of $357,213. Net income is $40,651. Which of the following statements is correct? O BATS wd be added when detemining cash fows trom operating activites OM w bn addet when detemining cash fows from francing activities O woid be aed when detemining cash fows from financing activities O BATA d be added when delemining cash flows from francing activities
Transcribed Image Text:Question 25 The retained eaming account has a beginning balance of $326,475 and an ending balance of $357,213. Net income is $40,651. Which of the following statements is correct? O BATS wd be added when detemining cash fows trom operating activites OM w bn addet when detemining cash fows from francing activities O woid be aed when detemining cash fows from financing activities O BATA d be added when delemining cash flows from francing activities
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