Advanced Placement (AP), 11.12.2020 04:10 esnyderquintero
All of the following are true regarding the statement of cash flows except:
Operating activities include transactions and events that affect net income.
Financing activities include transactions that affect long-term liabilities and equity.
Investing activities include transactions that affect issuance of common stock.
Investing activities include transactions and events that come from the purchase and sale of long-term assets.
Noncash activities are investing and financing activities that do not affect cash flows.
Answers: 2
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All of the following are true regarding the statement of cash flows except:
Operating activities in...
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