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the indirect method is used to prepare a statement of cash flows, which of the following would be deducted from net income to arrive at

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the indirect method is used to prepare a statement of cash flows, which of the following would be deducted from net income to arrive at net cash flows from operating activities? Select one: a. Decrease in common stock b. Increase in unearned revenue c. Decrease in prepaid expenses d. Increase in accounts receivable Assuming that the indirect method is used, which of the following would be deducted from net income to arrive at net cash flows from operating activities? Select one: a. Increase in Notes Payable b. Depreciation Expense c. Loss on Disposal of Equipment d. Gain on Sale of Investment For this question, indicate where the transaction would be classified on the statement of cash flows. Assume that the indirect method is used to prepare the statement Issued Common Stock: Select one: a. Operating activities section b. Investing activities section c. Financing activities section d. Does not represent a cash flow e Schedule of non-cash investing and financing transactions Determine in which section of a statement of Cash Flows (indirect method) that Amortization Expense would appear. Select one: a. Operating activities section b. Investing activities section c. Financing activities section d. Schedule of non-cash investing and financing transactions

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