Question: Ohio, Inc. uses the Indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended
Ohio, Inc. uses the Indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2024 Revenues and Gains Sales Revenue $158.000 Interest Revenue 8.200 Total Revenues and Gains $164 200 Expenses and Losses: Cost of Goods Sold $120,000 Salary Expense 18,000 Depreciation Expense 7.400 OA $6,800 OB. $10.600 OC. $(1.400) OD. (28.800) 050 22 2 #m 3 $ 4 % 5 6 7 Q W E 20 tab Y AS DF Ohio, Inc. uses the Indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2024 Revenues and Gains Sales Revenue $158.000 Interest Revenue 8.200 Total Revenues and Gains $164 200 Expenses and Losses: Cost of Goods Sold $120,000 Salary Expense 18,000 Depreciation Expense 7.400 OA $6,800 OB. $10.600 OC. $(1.400) OD. (28.800) 050 22 2 #m 3 $ 4 % 5 6 7 Q W E 20 tab Y AS DF
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