In Regards to the Cash Flow Statement,assume We Want to Break

question 46

Multiple Choice

In regards to the Cash Flow Statement,assume we want to break down Yahoo! Finance's cost of revenue into its two major components,cost of goods sold (COGS) and depreciation.To do so,we would need to look at ________ for the depreciation amount.

• A)the Statement of Cash Flow
• B)both the Income Statement and the Statement of Cash Flow
• C)both the Balance Sheet and the Statement of Cash Flow
• D)the Income Statement

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Definitions:

Balance Sheet Classification

The organization of assets, liabilities, and shareholders' equity in a company's balance sheet according to standards and principles of accounting.