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Question 44 The following information is taken from a company financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance

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Question 44 The following information is taken from a company financial statements: Net income Depreciation expense Increase in accounts receivable Decrease in accounts payable Issuance of common stock Payment of cash dividends Purchase of equipment $24,000 $7,000 $13,000 $15,000 $49,000 $3,000 $30,000 Using the information above, what is net cash flows from financing activities? $49,000 OA. ($46,000) . ($3,000) OC $46,000 OD Question 45 Repayment of bonds is classified in the cash flow statement as a(n): operating activity OA financing activity . investing activity OC. non cash activity OD Question 46 8 points Save An In preparing a statement of cash flows under the indirect method, a decrease in prepaid rent would be reported or included as a(n) Addition to net income in the operating activities section O A. Subtraction from net income in the operating activities section, OB. Subtraction in the financing activities section OC. Subtraction in the investing activities section. OD Question 47 8 points Save Answe Which of the following is NOT a correct practice when adjusting net income to calculate net operating cash flows? Add depreciation expense OA Add losses on sales of long-term assets OB. Add a decrease in inventory OC Add gain on sale of long-term assets OD

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