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45 A company has a net cash Inflow from operating actlvitles of $808,000, a net cash outlow of $88,000 from Investing activitles and a net
45 A company has a net cash Inflow from operating actlvitles of $808,000, a net cash outlow of $88,000 from Investing activitles and a net cash Inlow of $102,300 from inancing activities. The company pald $143,000 In Interest, $196,000 In Income taxes, and $219,000 In cash dlvidends. Which of the following statements about the statement of cash flows Is not correct? O The cash divicenas ot $219.000 pald will be reported as a cash outhiow in the casn hlow from Iinvesting activities section O The statement of cash flows will show a net Increase In cash and cash equivalents of $022.300 O Ir the direct method Is used, the $143.000 of Interest paid and the $196.000 of Income taxes pald wili be reported In the cash flows trom operating activities Supplemental dlsclosures requlred for a company using the Indlrect method Include the amount of Interest and the amount of Income taxes pald
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