Question: In creating a Statement of Cash Flow based on a firm's Balance Sheet, Income Statement, and Statement of Retained Earnings, all of the following are

In creating a Statement of Cash Flow based on a firm's Balance Sheet, Income Statement, and Statement of Retained Earnings, all of the following are correct except:

Net Losses reduce operating cash flows

Depreciation Expense reduces operating cash flows

Net income increases cash flows

All of the answers provided are correct.

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