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    Understanding Financial Accounting
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    Exam 5: Revenue Recognition and the Statement of Income
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    Crump Ltd Reported the Following for 2015: Using the Indirect
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Crump Ltd Reported the Following for 2015: Using the Indirect

Question 60

Question 60

Multiple Choice

Crump Ltd. reported the following for 2015: Crump Ltd. reported the following for 2015:   Using the indirect method, the net cash flow is A)  $380,000. B)  $375,000. C)  $350,000. D)  $345,000. Using the indirect method, the net cash flow is


A) $380,000.
B) $375,000.
C) $350,000.
D) $345,000.

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