Question: 1 . Management wants to know how the reported net cash provided by operating activities will differ under the direct method and indirect method. Which

1. Management wants to know how the reported net cash provided by operating activities will differ under the direct method and indirect method. Which of the following is an accurate explanation?
2. During the year, Gadberry acquired a new building by issuing a note. Where on the statement of cash flows is this transaction reported?
3. Management is wondering how Nessly, which nearly went out of business this year, has a higher total net increase in cash than Gadberry. Further, Gadberry management claims that it had a great year and is expanding. Which of the following would explain Nesslys higher increase in cash?
4. Gadberry management is wondering how Tootsey, which just opened for business this year, has a higher total net increase in cash than Gadberry. Gadberry management claims that it had a great year and is expanding. Which of the following would explain Tootseys higher increase in cash?

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