Question: On a common - sized income statement, all items are stated as a percent of total assets or equities at year - end. True False
On a commonsized income statement, all items are stated as a percent of total assets or equities at yearend.
True
False
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Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method?
an increase in inventory
a decrease in accounts payable
preferred dividends declared and paid
a decrease in accounts receivable
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