Business, 11.11.2019 23:31 jazzhands16
In preparing a statement of cash flows using the indirectmethod, the depreciation expense
. a. is shown as a negative cash flow under operating activities
b. is added back as an adjustment to net income in the operating activities section
c. is added back to purchases of plant assets under investing activities
d. is shown as a negative cash flow in the investing activities section
Answers: 2
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Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.
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Answers: 2
In preparing a statement of cash flows using the indirectmethod, the depreciation expense
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