When computing the net cash provided by operating activities under the indirect method on the statement of cash flows, a decrease in common stock would be added to net income.

Name: When computing the net cash provided by operating activities under the indirect method on the statement of cash flows, a decrease in common stock would be added to net income.
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Question

Quizplus · Accepted Answer

A decrease in common stock would not be added to net income, rather it would be shown as a financing activity in the statement of cash flows.

When Computing the Net Cash Provided by Operating Activities Under