Question: When preparing a statement of cash flows using the direct method, a net loss reported on the income statement will a. automatically result in a
When preparing a statement of cash flows using the direct method, a net loss reported on the income statement will
a. automatically result in a cash outflow from operating activities.
b. be included in financing activities.
c. be disclosed as a note to the statement of cash flows.
d. not be included on the statement at all.
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