Both the direct and indirect methods of operating activities report which of the following items? O Cash payments for interest O Net cash inflows (outflows) O Increase in accounts receivable O Net income

Both the direct and indirect methods of operating activities report which of the following items? O Cash payments for interest O Net cash inflows (outflows) O Increase in accounts receivable O Net income

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 17MCQ

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Question

am. 129.

Both the direct and indirect methods of operating activities report which of the following items?
O Cash payments for interest
O Net cash inflows (outflows)
O Increase in accounts receivable
O Net income

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