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Which of the following statements is CORRECT regarding the statement of cash flows? O A decrease in accounts receivable is entered as a negative entry.

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Which of the following statements is CORRECT regarding the statement of cash flows? O A decrease in accounts receivable is entered as a negative entry. Dividends do not show up because dividends are considered to be a financing activity, not an operating activity. A decrease in accounts payable is entered as a negative entry. Depreciation is subtracted from net income in the operating activities section. A decrease in inventories is entered as a negative entry. Question 6 (2 points) Afirms particular point in time. is a snapshot of the firmes financial position at a Balance sheet Income statement OO Statement of cash flows Statement of stockholders equity Statement of retained earnings Question 7 64 points) MacBook Air B0 13 DOO DOO 14 F7 FB 40 # A $ 4 % 5 & 7 00* 3 6 9 0 E R. T Y U O no v

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