Which one of the following is NOT an example of cash flows in operating activities according to direct method? Select one: a. Cash received from debtors b. Cash sales of goods and services c. Adding back depreciation expense d. Cash payment for purchase of inventories
Which one of the following is NOT an example of cash flows in operating activities according to direct method? Select one: a. Cash received from debtors b. Cash sales of goods and services c. Adding back depreciation expense d. Cash payment for purchase of inventories
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: Which of these transactions would not be part of the cash flows from the operating activities...
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Which one of the following is NOT an example of cash flows in operating activities according to direct method? Select one:
a. Cash received from debtors
b. Cash sales of goods and services
c. Adding back
d. Cash payment for purchase of inventories
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