Any item that appears on the statement of earnings would be considered either a cash inflow or cash outflow from operating activities.

Name: Any item that appears on the statement of earnings would be considered either a cash inflow or cash outflow from operating activities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement of earnings, or income statement, includes non-cash items like depreciation and amortization, which do not directly affect cash flow from operating activities.

Any Item That Appears on the Statement of Earnings Would