Which of the following would be added to net income when using the indirect approach to prepare the cash from operations section of the cash flow statement?
A) Increase in inventory
B) Gain on sale of investments
C) Increase in dividends payable
D) Decrease in accounts receivable
Correct Answer:
Verified
Q30: Under the direct approach for cash flow
Q31: Cash flows from financing activities include:
A)proceeds received
Q32: If a company is experiencing cash flow
Q33: Cash equivalents includes everything, except:
A)Government of Canada
Q34: Which of the following is normally disclosed
Q36: Which of the following statements is true
Q37: Investing activities typically involve balance sheet accounts
Q38: How should a gain on the sale
Q39: Financing activities typically involve balance sheet accounts
Q40: The direct method of cash flow statement
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