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    Financial Accounting Study Set 5
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    Exam 13: The Statement of Cash Flows
  5. Question
    A Decrease in the Balance of Merchandise Inventory Is Added
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A Decrease in the Balance of Merchandise Inventory Is Added

Question 64

Question 64

True/False

A decrease in the balance of merchandise inventory is added to net income when calculating net cash flows from operating activities using the indirect method.

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