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Nelson Corp

Question 58

True/False

Nelson Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Nelson Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: The change in Accounts Payable will be shown as a negative cash flow in the adjustments to Net Income. The change in Accounts Payable will be shown as a negative cash flow in the adjustments to Net Income.

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