Question
If the first line of the statement of cash flows is positive net income, which of the following is true? The cash flow statement has
If the first line of the statement of cash flows is positive net income, which of the following is true?
- The cash flow statement has been presented using the direct method
- The cash flow statement has been presented using the indirect method.
- The cash flow from operations must be positive.
- The cash flow from operations must be negative
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Financial Accounting An Introduction to Concepts, Methods and Uses
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
14th edition
978-1111823450, 1-133-36617-1 , 1111823456, 978-1-133-3661, 978-1133591023
