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In preparing cash flows provided by operating activities using the indirect method, which of the ...
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In preparing cash flows provided by operating activities using the indirect method, which of the ...
In preparing cash flows provided by operating activities using the indirect method, which of the following items is deducted from net income?
▸ Decreases in current liability balances
▸ Decreases in current asset balances
▸ Losses on investing and financing transactions
▸ Non-cash expenses such as amortization
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Managerial Accounting
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4
th
Author:
Davis
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Decreases in current liability balances
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Thanks for your help!!
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