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Carpet World Inc

question 68

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Carpet World Inc.reported the following information for 2015 and 2016. Carpet World Inc.reported the following information for 2015 and 2016.   If Carpet World uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2016? A) $64,000 B) $66,000 C) $68,000 D) $70,000 If Carpet World uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating activities for 2016?

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Definitions:

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or a parameter estimation, less the number of constraints.

F-Distribution

Used in analysis of variance (ANOVA), describing the ratio of two variances drawn from normally distributed populations.

Degrees of Freedom

The quantity of variable values available in the concluding computation of a statistic.

Variability

A measure of the dispersion or spread of data points in a dataset, showing how much the data points differ from each other.

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