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38 Joe Carie, head accountant, is using the indirect method and the account balance from the balance sheet and income statement to prepare a statement
38 Joe Carie, head accountant, is using the indirect method and the account balance from the balance sheet and income statement to prepare a statement of cash flows. He notices that the Retained Earnings account increased from the beginning of the year. This information is used to: 1.25 points Multiple Choice (8 01:20:02 decrease cash flow from operations as It Indicates a net loss. O Increase cash flow from financing as it Indicates receipt of payments from customers. decrease cash flow from Investing as it indicates payment of debt. o o Increase cash flow from operations as it signifies a net Income
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