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The statement of cash flows reports a firm's sources of cash receipts and uses of cash for a period of time. T/F To arrive at
The statement of cash flows reports a firm's sources of cash receipts and uses of cash for a period of time. T/F
To arrive at cash flows from operating activities under the indirect method, it is necessary to convert the income statement from an accrual basis to the cash basis of accounting. T//F
Cash paid for dividends should be shown on the statement of cash flows under
noncash investing and financing activities | ||
operating activities | ||
investing activities | ||
financing activities |
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