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answers all please i will uppp thank you for reminding : Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer
answers all please i will uppp
thank you for reminding :
Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: A. $32,900 B. $11,600 C. $39,700 D. $44,900 Colorado Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Colorado Company How will the change in Accrued Liabilities be shown on the statement of cash flows? A. as a deduction from operating cash flows B. as an addition to investing cash flows C. as a deduction from Net Income D. as an addition to Net Income Utah Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: How will the change in Merchandise Inventory be shown on the statement of cash flows? A. addition to net income under the operating activities section B. negative cash flow under the investing activities section C. positive cash flow under the financing activities section D. subtraction from net income under the operating activities section Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement: Additional information provided by the company includes the following: 1. Current assets, other than cash, increased by $24,000. 2. Current liabilities decreased by $1,200. Compute the net cash provided by (used for) operating activities. A. $32,900 B. $11,600 Step by Step Solution
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