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Cash Flow Statement-Questions 24 to 32 (Effects of transactions on Statement of Cash Flows using US GAAP and assuming the indirect method) Cash flows from
Cash Flow Statement-Questions 24 to 32 (Effects of transactions on Statement of Cash Flows using US GAAP and assuming the indirect method) Cash flows from operating activities-Net income will be increased or adjusted upward. Cash flows from operating activities-Net income will be decreased or adjusted downward. Cash flows from investing activities Cash flows from financing activities Reported as significant noncash investing and financing activities, or not required to be reported on the cash flow statement A. B. C. D. E. 24. An Investment held by the company increased in value during the year from $250,000 to 260,000 resulting in an unrealized gain of $10,000. 25. 1,000 shares of Treasury Stock that was originally purchased for $50,000, were reissued (sold) for $60,000 26. Amortization of intangible asset. Cash Flow Statement-Questions 24 to 32 (Effects of transactions on Statement of Cash Flows using US GAAP and assuming the indirect method) Cash flows from operating activities-Net income will be increased or adjusted upward. Cash flows from operating activities-Net income will be decreased or adjusted downward. Cash flows from investing activities Cash flows from financing activities Reported as significant noncash investing and financing activities, or not required to be reported on the cash flow statement A. B. C. D. E. 24. An Investment held by the company increased in value during the year from $250,000 to 260,000 resulting in an unrealized gain of $10,000. 25. 1,000 shares of Treasury Stock that was originally purchased for $50,000, were reissued (sold) for $60,000 26. Amortization of intangible asset
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