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Novak Corporation is preparing its 2025 statement of cash flows, using the indirect method. Presented below is a list of items that ma affect the
Novak Corporation is preparing its 2025 statement of cash flows, using the indirect method. Presented below is a list of items that ma affect the statement. Using the code below, indicate how each item will affect Novak's 2025 statement of cash flows. Code Letter A D R-I P-I R-F P-F N Effect Added to net income in the operating section Deducted from net income in the operating section Cash receipt in investing section Cash payment in investing section Cash receipt in financing section Cash payment in financing section Noncash investing and financing activity
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