Nelson Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: The change in Accrued Liabilities will be shown as a negative cash flow in the adjustments to Net Income.

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Nelson Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet:  The change in Accrued Liabilities will be shown as a negative cash flow in the adjustments to Net Income.

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The Answer of Nelson Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet:  The change in Accrued Liabilities will be shown as a negative cash flow in the adjustments to Net Income.