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  2. Topic
    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 7: Presentation of Cash Flows
  5. Question
    An Increase in Accounts Receivables and an Increase in Inventory
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An Increase in Accounts Receivables and an Increase in Inventory

Question 35

Question 35

True/False

An increase in accounts receivables and an increase in inventory will need to be subtracted from operating profit in the calculation of net cash flows from operating activities.

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