Biology Forums - Study Force

When using the indirect method, the calculation of cash flows provided by operating activities begins with net income.

Required:
Indicate whether the following items are added to or deducted from net income to arrive at cash flow from operating activities.

​	Add	Deduct
Gains on investing and financing transactions	​	​
Losses on investing and financing transactions	​	​
Non-cash expenses such as depreciation	​	​
Decreases in current asset balances	​	​
Decreases in current liability balances	​	​
Increases in current asset balances	​	​
Increases in current liability balances	​	​

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