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Under ASPE all of the following might appear as adjustments to net income on an indirect method statement of cash flows except: Select one: a

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Under ASPE all of the following might appear as adjustments to net income on an indirect method statement of cash flows except: Select one: a depreciation expense b. payment of dividends C. gain on sale of capital assets d. an increase in Accounts Receivable Beyond the Boardroom Corporation sold used equipment with a book value of $25,000 for $29,000. The indirect method statement of cash flows will reflect: Select one a. an addition of $25,000 in the investing activities section and a deduction of S4,000 in the operating activities section b. an addition of $29,000 in the investing activities section and a deduction of $4,000 in the operating activities section c. an addition of $25,000 in the investing activities section and an addition of $4,000 in the operating activities section d. an addition of $29,000 in the investing activities section and an addition of $4,000 in the operating activities

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