uses of cash in the current period . 5- Multiple Choice Question 90
Starting with net income and adjusting it for items that affected reported net income but which did not affect cash is called the
cost-benefit method . direct method . indirect method . working capital method 6- Multiple Choice Question 93
In developing the cash flows from operating activities , most companies in the U . S .
prepare the operating activities section on the accrual basis . use the direct method . use the indirect method . present both the indirect and direct methods in their financial reports . 7- Multiple Choice Question 71
Carrot Company issued common stock for proceeds of $ 381,000 during 2013 . The company paid dividends of $ 90,000 and issued a long-term note payable for $ 95,000 in exchange for equipment during