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When using the indirect method, the calculation of cash flows provided by operating activities ...

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When using the indirect method, the calculation of cash flows provided by operating activities ...

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

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

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