Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method? a. a gain on the sale of land b. an increase in accrued expenses c. a decrease in accounts payable d. dividends paid on common stock
Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method? a. a gain on the sale of land b. an increase in accrued expenses c. a decrease in accounts payable d. dividends paid on common stock
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 12MC: Which of the following represents a source of cash in the investing section? A. sale of investments...
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Question
Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method?
a. |
a gain on the sale of land
|
|
b. |
an increase in accrued expenses
|
|
c. |
a decrease in accounts payable
|
|
d. |
dividends paid on common stock
|
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