When Using the Spreadsheet Approach for the Indirect Method to Calculate

question 89

Multiple Choice

When using the spreadsheet approach for the indirect method to calculate net cash flows from operating activities,net income would be found as:

• A)a debit to the Retained Earnings account.
• B)the difference between revenues and expenses.
• C)a credit to the Retained Earnings account.
• D)the difference between gains and losses.

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Motivated

The state of having a drive or reason to act or accomplish something, characterized by a person's willingness or eagerness to do tasks and achieve goals.

Central Route

A pathway of persuasion that involves thoughtful consideration of the arguments and evidence in a message.

Persuasion

The act or process of influencing someone's beliefs, attitudes, or behaviors through argument, reasoning, or appeal.

Attitudes

A settled way of thinking or feeling about something, typically reflected in a person's behavior.