Essay
For each of the following items, indicate (by placing an X) whether the item would be found on the statement of cash flows in column 1, the direct approach for determining the cash flows from operating activities, column 2, the indirect approach for determining the cash flows from operating activities, column 3, cash flows from investing activities, column 4, cash flows from financing activities. If you identify that an item affects the cash flows from operation, indirect method, also indicate whether it will be increasing (+) or decreasing (-) the cash flows.
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Correct Answer:

Verified
Correct Answer:
Verified
Q7: The statement of cash flows provides information
Q8: Which of the following is reported in
Q9: For each of the following items, indicate
Q10: Under the direct method of the statement
Q11: Of the following, which has a positive
Q13: Under the indirect method, if there is
Q14: If $700,000 of a company's own stock
Q15: If $40,000 was generated from operations, $9,000
Q16: Indicate how each of the following transactions
Q17: A decrease to Merchandise Inventory results in