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Under the indirect method of preparing the operating section of the statement of cash flows, net cash provided by operating activities is $207,000. If the
Under the indirect method of preparing the operating section of the statement of cash flows, net cash provided by operating activities is
$207,000.
If the direct method of preparing the operating section of the statement of cash flows was used:
A.net cash provided by operating activities would be more than
$207,000.
B.net cash provided by financing and investing activities would equal
$207,000.
C.net cash provided by operating activities would be less than
$207,000.
D.net cash provided by operating activities would be the same,
$207,000.
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