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HELP ASAP PLEASE! Question 1 2 pts Which of the following labels would only show up in the indirect method of the cash flow statement?
HELP ASAP PLEASE!
Question 1 2 pts Which of the following labels would only show up in the indirect method of the cash flow statement? Net Income Beginning Balance of Cash Ending Balance of Cash O Cash Used by Operations Question 2 2 pts A decrease in accounts payable (indirect method) would lead to: Decrease in Operating Cash Flows. Increase in Operating Cash Flows. Decrease in Financing Cash Flows. Increase in Financing Cash Flows. Question 3 2 pts An increase in accounts receivables (indirect method) would lead to: d Decrease in Operating Cash Flows. Increase in Operating Cash Flows. O Decrease in Investing Cash Flows. o Increase in Investing Cash Flows. Question 4 2 pts Using the indirect method of the cash flow statement, depreciation expense of $15,000 per year would need to be: O Added to Net Income in Operating Cash Flow Section O Subtracted From Net Income in Operating Cash Flow Section O Deducted from Investing Cash Flows. Added back to Financing Cash Flows. Question 5 2 pts Which of the following is not one of the sections of the cash flow statement? Capital Activities Investing Activities Operating Activities Financing Activities Question 6 2 pts Cash received from the sale of a piece of equipment that has been used in operations would lead to: a Increase in Investing Cash Flows. O Decrease in Operating Cash Flows. Increase in Operating Cash Flows. O Decrease in Investing Cash Flows. Question 7 2 pts Cash paid out to the company's investors for dividends during the year would lead to: O Decrease in Financing Cash Flows. Decrease in Operating Cash Flows. Increase in Operating Cash Flows. O Decrease in Investing Cash Flows. Question 8 2 pts Cash received from the sale of inventory (direct method) would lead to: Increase in Operating Cash Flows. O Decrease in Financing Cash Flows. O Increase in Investing Cash Flows. O Increase in Financing Cash Flows. Question 9 2 pts Cash paid out for salaries (direct method) would lead to: a Decrease in Operating Cash Flows. Decrease in Financing Cash Flows. Increase in Operating Cash Flows. O Decrease in Investing Cash Flows. Question 10 2 pts Cash received from borrowing would lead to: Increase in Financing Cash Flows. O Decrease in Operating Cash Flows. O Increase in Operating Cash Flows. O Increase in Investing Cash FlowsStep by Step Solution
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