If the first line of the statement of cash flows is positive net income, which of the
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Question:
If the first line of the statement of cash flows is positive net income, which of the following is true?
- The cash flow statement has been presented using the direct method
- The cash flow statement has been presented using the indirect method.
- The cash flow from operations must be positive.
- The cash flow from operations must be negative
Related Book For
Financial Accounting An Introduction to Concepts, Methods and Uses
ISBN: 978-1133591023
14th edition
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
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