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..... .. 52 166 points Under the indirect method of cash flow statement preparation, accounts payable decreasing during the period tells us that O cash
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52 166 points Under the indirect method of cash flow statement preparation, accounts payable decreasing during the period tells us that O cash payments for expenses were the same as the expenses reported on the income statement. cash payments for expenses were more than the expenses reported on the income statement, A change in accounts payable does not tell us anything about cash. cash payments for expenses were less than the expenses reported on the income statement. 3 1.67 points On the cash flow statement, an example of a significant non-cash disclosure would be: O payment of divdends. O the issuance of common stock to pay for land. paying cash for a piece of equipment. repaying a loan Step by Step Solution
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