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O G ezto.mheducation.com C C Services | Stud... Cengage Digita. C Services | Stud.. C Services | Stud.. Homepage - A.. C Services | Stud.. B McGraw-Hill C. M Connect C Get Homework. + Quiz #4 - Chapter 5 i Saved Help Save & Exit Submit 6 MC Qu. 05-21 Which of the following statements ... Which of the following statements about why depreciation expense is added to net earnings under the indirect method of accounting for cash flows from operating activities is correct? Skipped Multiple Choice O It reduced the reported net earnings but had nothing to do with cash flowing in or out of the company. O It was a cash expenditure of the period. O It causes an inflow of cash that can be used to fund acquisition of new assets. O It was deducted to compute profit but really represents cash coming in to the company. Mc Graw Hill 8 MC Qu. 05-12 The purchase of a machine ... The purchase of a machine in exchange for a 5-year note payable would Skipped Multiple Choice O not be reported on the statement of cash flows, because it involves no cash. O be included in financing activities as a cash inflow. O be reported in a footnote or supplemental schedule to the statement of cash flows. O be included in investing activities as a cash outflow. Mc Graw Hill Education O G 0 ezto.mheducation.com C C Services | Stud.. Cengage Digita. C Services | Stud.. C Services | Stud. Homepage - A. C Services | Stud.. B McGraw-Hill C. M Connect C Get Homework. + Quiz #4 - Chapter 5 i Saved Help Save & Exit Submit 4 TF Qu. 05-05 A low quality of earnings ... A low quality of earnings ratio can be due to normal seasonal changes. Skipped True or False True False Mc Graw Hill O G ezto.mheducation.com C C Services | Stud... Cengage Digita. C Services | Stud.. C Services | Stud. Homepage - A. C Services | Stud.. B McGraw-Hill C. M Connect C Get Homework. + Quiz #4 - Chapter 5 i Saved Help Save & Exit Submit 7 TF Qu. 05-07 Positive free cash flow is ... Positive free cash flow is always a positive sign. Skipped True or False True False Mc Graw Hill