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When Using the Indirect Method, the Calculation of Cash Flows

Question 149

Essay

When using the indirect method, the calculation of cash flows provided by operating activities begins with net income.
Required:
Indicate whether the following items are added to or deducted from net income to arrive at cash flow from operating activities. When using the indirect method, the calculation of cash flows provided by operating activities begins with net income. Required: Indicate whether the following items are added to or deducted from net income to arrive at cash flow from operating activities.

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