An acquisition of a patent appears in the statement of cash flows under the indirect method: a.
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Question:
An acquisition of a patent appears in the statement of cash flows under the indirect method:
a. as an add back to net income in deriving cash flow from operations
b. as a deduction from net income in deriving cash flow from operations
c. in the investing section
d. none of the above
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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