Quiz – Which of the following statements is CORRECT?

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Which of the following statements is CORRECT?
a. A decrease in accounts receivable is subtracted from net income in the operating activities section of the statement of cash flows.
b. Dividends do not show up in the statement of cash flows.
c. In the statement of cash flows, a decrease in accounts payable is subtracted from net income in the operating activities section.
d. Depreciation is subtracted from net income in the operating activities section in the statement of cash flows,
e. A reduction in inventories is subtracted from net income in the operating activities section of the statement of cash flows.

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Quiz – Which of the following statements is CORRECT?

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Which of the following statements is CORRECT?

Continue reading “Quiz – Which of the following statements is CORRECT?”
  • The use of this software is to provide check figures to compare against your own individual work. Accuracy of the check figures is not guaranteed. By purchasing credits and using our software/services, you assume all liability for the use of the software and affirm that you are abiding by your university’s academic policies. Please report any errors above.