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In what section of the statement of cash flows would a Gain be reported when the indirect method is used?   Noncash activities note Investing Activities Financing Activities Operating Activities b.  In what section of the statement of cash flows is the purchase of treasury stock reported?   Investing Activities Operating Activities Noncash activities note Financing Activities

In what section of the statement of cash flows would a Gain be reported when the indirect method is used?   Noncash activities note Investing Activities Financing Activities Operating Activities b.  In what section of the statement of cash flows is the purchase of treasury stock reported?   Investing Activities Operating Activities Noncash activities note Financing Activities

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 16CE
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2.

a.  In what section of the statement of cash flows would a Gain be reported when the indirect method is used?

 

Noncash activities note

Investing Activities

Financing Activities

Operating Activities

b.  In what section of the statement of cash flows is the purchase of treasury stock reported?

 

Investing Activities

Operating Activities

Noncash activities note

Financing Activities

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