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Which of the following items wouldnotappear in a statement of cash flows? Depreciation expense. Income tax paid. Interest paid. All of the items would appear
Which of the following items wouldnotappear in a statement of cash flows?
Depreciation expense. |
Income tax paid. |
Interest paid. |
All of the items would appear on a statement of cash flows. |
Reliance on the statement of cash flows by the investment community has increased because:
of the relative difficulty in manipulating the statement of cash flows compared with manipulating the income statement. |
the comparison of profit or loss to the cash flow from operating activities can highlight how an entity is managing its working capital requirements. |
lenders can use the statement of cash flows to ascertain management efficiency and the ability of the entity to generate cash flow. |
all of the options are correct. |
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