Choose the One Alternative That Best Completes the Statement or Answers

question 8

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
Solve the problem.
-The sum of three consecutive odd integers is 195. Find the integers.

• A) 58 59 60
• B) 63 65 67
• C) 65 67 69
• D) 67 69 71

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Definitions:

Indirect Approach

A method used in the preparation of the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital.

Investing Activities

Financial transactions related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.

Financing Activities

Transactions and events where cash is raised from or repaid to investors, such as issuing shares or borrowing.

Direct Approach

A method in financial statement reporting that presents major classes of operating cash receipts and payments.