UBI . ACCT102_Spring 2020 - Section 1 Which one of the following items is not generally used in preparing a statement of cash flows? Question 13 Not yet answered Marked out of 1.00 Select one: a. Comparative statements of financial position b. Additional information c. Adjusted trial balance P Flag question d. Current Income statement Previous page T102_Spring2020 - Section 1 mm In developing the cash flows from operating activities, most companies ition 14 red out of Select one: O a. use the Indirect method. b. use the direct method. C. present both the indirect and direct methods in their financial reports. O d. prepare the operating activities section on the accrual basis. O us page ACCT2 Apr 30 22:30-00:30 2966 53 604 7470 www www. 2_Spring2020 - Section .by On January 1, 2019, ABC Company purchased equipment for $ 60,000. The company is depreciating the equipment at the rate of 1,500 per month. The book value of the equipment under straight-line method at December 31, 2019 is Select one: a. O O b. 60,000 o c. 42,000 d. 18,000 age Next page