Changes in Current Assets and Current Liabilities Are Reported on the Statement

question 178

Multiple Choice

Changes in current assets and current liabilities are reported on the statement of cash flows, using the indirect method, in the

• A) operating activities
• B) financing activities
• C) investing activities
• D) separate schedule of noncash activities

Know how to compute the present value of an annuity and the present value of a single sum.

Evaluate different investment projects using net present value criteria.

Determine the internal rate of return for an investment.

Understand the role of compound interest rates in determining the present value.

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