Managerial Accounting, Student Value Edition (5th Edition)
Managerial Accounting, Student Value Edition (5th Edition)
5th Edition
ISBN: 9780134067179
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Chapter 13, Problem 10QC

(Learning Objective 3) Which one of the following lines would be found on the statement of cash flows for a company using the direct method?

  1. a. Increase in prepaid insurance
  2. b. Gain on sale of property, plant, and equipment
  3. c. Depreciation expense
  4. d. Cash receipts from customers
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Managerial Accounting, Student Value Edition (5th Edition)

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