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Evita Corporation Prepares Its Statement of Cash Flows Using the Indirect

Question 25

Multiple Choice

Evita Corporation prepares its statement of cash flows using the indirect method. Evita's statement showed "Net cash provided by (used in) operating activities" of $46,000. Under the direct method, this number would have been:


A) $0.
B) $46,000.
C) greater than $46,000.
D) less than $46,000 but greater than $0.

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