Both the indirect and direct methods of preparing a statement of cash flows begin with net income.
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Q93: In preparing the statement of cash flows
Q94: The investing section of the statement of
Q95: When using the indirect method,the amount of
Q96: Noncash investing and financing activities are not
Q97: Under the direct method,depreciation expense is added
Q99: There are two methods,direct and indirect,for preparing
Q100: A decrease in retained earnings may indicate
Q101: In preparing the statement of cash flows
Q102: The indirect method of preparing the statement
Q103: Bowman Corporation's sales were $300,000,and the balance
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