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Business, 07.11.2019 06:31 Thefiles

Novak corporation is preparing its 2014 statement of cash flows, using the indirect method. presented below is a list of items that may affect the statement. using the code below, indicate how each item will affect novak’s 2014 statement of cash flows.
code letter effect
a added to net income in the operating section
d deducted from net income in the operating section
r-i cash receipt in investing section
p-i cash payment in investing section
r-f cash receipt in financing section
p-f cash payment in financing section
n noncash investing and financing activity

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