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25 tion For this question, indicate where the transaction would be classified on the statement of cash flows. Assume that the indirect method is used
25 tion For this question, indicate where the transaction would be classified on the statement of cash flows. Assume that the indirect method is used to prepare the statement. Purchase of Treasury Stock: O a. Operating activities section O b. Investing activities section Oc Financing activities section Od. Does not represent a cash flow O e. Schedule of non-cash investing and financing transactions Determine in which section of a Statement of Cash Flows (indirect method) the increase in Interest Receivable appears. Oa Operating activities section O b. Investing activities section Oc Financing activities section Od. Schedule of non-cash investing and financing transactions 125 estion Hogan Company earned net income of $384,000, which included depreciation expense of $78,000. In addition, the company experienced the following changes in the account balances listed below: Increases Accounts payable $12,000 Inventory $36,000 Decreases Accounts receivable $45,000 Accrued liabilities $24,000 Prepaid insurance $33,000 Assuming the indirect method, what amount will be shown for net cash provided by operating activities? Select one O a $336.000 Ob. $465,000 Oc. $285,000 45267.000
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