Horngren's Financial & Managerial Accounting (5th Edition)

5th Edition

ISBN: 9780133866292

Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura

Publisher: PEARSON

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Textbook Question

Chapter 14, Problem 4QC

Which item does not appear on a statement of cash flows prepared by the indirect method?

a. Collections from customers

b. Depreciation expense

c. Net income

d. Gain on sale of land

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Chapter 14, Problem 3QC

Chapter 14, Problem 5QC

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Chapter 14 Solutions

Horngren's Financial & Managerial Accounting (5th Edition)

Ch. 14 - The purposes of the statement of cash flows are to...Ch. 14 - The main categories of cash flow activities are a....Ch. 14 - Operating activities are most closely related to...Ch. 14 - Which item does not appear on a statement of cash...Ch. 14 - Leather Shop earned net income of 57,000 after...Ch. 14 - The Plant Assets account and Accumulated...Ch. 14 - Mountain Water Corp. issued common stock of 28,000...Ch. 14 - Prob. 8QC Ch. 14 - Prob. 9AQC Ch. 14 - If accrued liabilities increased during the year,...

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Which item does not appear on a statement of cash flows prepared by the indirect method? a. Collections from customers b. Depreciation expense c. Net income d. Gain on sale of land

Solution Summary: The author explains how the following amounts are to be adjusted from the Net Income to calculate the net cash provided from operating activities.

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Chapter 14 Solutions