Multiple Choice
Table 4.1
Ruff Sandpaper Co.
Balance Sheets
For the Years Ended 2009 and 2010
-All of the following are operating cash flows EXCEPT
A) net profit/earnings after tax.
B) increase or decrease in current liabilities.
C) increase or decrease in fixed assets.
D) depreciation expense.
Correct Answer:

Verified
Correct Answer:
Verified
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