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ABC Co. has an unrealized loss on irs FV.Nl Investments. ABC Co. is preparing its operating activities section of the statement of cash flow. The

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ABC Co. has an unrealized loss on irs FV.Nl Investments. ABC Co. is preparing its operating activities section of the statement of cash flow. The company uses the indirect method. Is it correct to add back this loss to net income under the operating activities section? Select one: True Faise 123 Ltd shows a change year over year in its accounts receivable balance of $(4,000) or an overall decrease of $4,000. This adjustment is added to net income under the indirect method in calculating net cash flow from operating activities. Select one: True False Any investment income earned from a significant influence investment accounted for under the equily method is removed from net income under OPERATING activities. Select one: True False If a company has dividends payable, this account along with the retained earnings account are to be analyzed side by side in determining the amount of dividends DECLARED for purposes of the statement of cash flows. Select one: True: False

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