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Unformatted text preview: paying off loans? 3. Question : Which of the following sections from the statement of cash flows would include the purchase of a building totally financed by a mortgage if the intent of the purchase is as a long-term asset? 4. Question : A company uses the indirect method to prepare the statement of cash flows. How will depreciation be presented on the statement? * Times are displayed in (GMT-07:00) Mountain Time (US & Canada)...
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This note was uploaded on 04/20/2011 for the course ACCT 306 taught by Professor Lisaparker during the Spring '11 term at Ashford University.
- Spring '11