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Find the best match for these questions on the Cash Flow Statement. There are more answers than you need. How could a company that had

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Find the best match for these questions on the Cash Flow Statement. There are more answers than you need. How could a company that had a net They sold something. If you buy something loss of $12000 have a positive cash A for $21,000 and sell it for $9000, you have flow of $9000? a loss. But you still have $9000 in your Why do you add depreciation and bank account amortization to net income? B. You bought something. Why is a gain subtracted from net C. these are normal business activities income at arriving at cash flows from D. Gains are shown in operating activites Operating income? E. gains are part of investment activities Why do changes in current assets and E no cash was spent current liabilities appear in the operating section of the statement of Current assets and current liabilites are cash flows? part of the balance sheet

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