Which of the following would NOT appear on a cash flow statement prepared using the direct method?
A) Increase/decrease in current liabilities
B) Payments to suppliers
C) Interest received
D) Collections from customers
Correct Answer:
Verified
Q35: Which of the following sections from the
Q36: The direct method of preparing the cash
Q37: Most public companies use the direct method
Q38: The cash flow from investing activities appears
Q39: Interest expense incurred on a bill payable
Q41: Thomas Ltd uses the direct method to
Q42: Which of the following sections from the
Q43: Parmesan Company uses the direct method
Q44: Parmesan Company uses the direct method
Q45: Accounts receivable,ending balance,$57,000 In the operating activities
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents