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Sunday, 4 October 2015
The first line item in the operating activities section of a spreadsheet for a statement of cash flows prepared using the indirect method is:
The first line item in the operating activities section of a spreadsheet for a statement of cash flows prepared using the indirect method is:
Cash.
Net income.
Adjustments to net income.
Cash received from customers.
Increase (decrease) in accounts receivable.
Answer
Net income.
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