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Question 8 Which of the following sections of the cash flow statement differs between the direct and indirect formats?

Question 8 Which of the following sections of the cash flow statement differs between the direct and indirect formats? Which of the following combinations represents adjustments that are made to net income to arrive at cash from operations? Question 12 Which of the following is a fundamental purpose of the statement of cash flows? Question 14 Micro Fish Company recognized $10,000 of interest expense in 2002. The balance of the company"s interest payable account decreased $2,000. Question 15 Sales for the year totaled $125,000. The following information is also available: Accounts Receivable at the beginning of year of $25,000 and Accounts Receivable at the end of year of $30,000. What amount of cash was collected from customers during the year?

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