Which of the following statements about calculation of cash flows from operating activities under the indirect method is correct? a) When the indirect method is used, depreciation expense is added to net income as a step in the process of calculating net cash flow provided by operating activities.
b) When the indirect method is used, changes in long-term assets are added to convert net income to net cash flow provided by operating activities.
c) When the indirect method is used, changes in current liabilities are subtracted while changes in current assets are added to convert net income to net cash flow from operating activities.
d) When the indirect method is used, changes in long-term liabilities are subtracted to convert net income to net cash flow provided by operating activities.

Consider the following condensed financial statements of money freedom comma inc. the company's target rate of return is 30%: (click the icon to view the comparative balance sheet.) (click the icon to view the income statement.) requirements 1. calculate the company's roi. round all of your answers to four decimal places. 2. calculate the company's profit margin ratio. interpret your results. 3. calculate the company's asset turnover ratio. interpret your results. 4. use the expanded roi formula to confirm your results from requirement 1. interpret your results. 5. calculate the company's ri. interpret your results. requirement 1. calculate the company's roi. round all of your answers to four decimal places. begin by selecting the formula to calculate return on investment (roi), and then enter the amounts to calculate the company's roi. (round your calculations to four decimal places and enter your answer as a percent, x.xx%)