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Avatar Company Uses the Indirect Method to Prepare the Statement

Question 49

True/False

Avatar Company uses the indirect method to prepare the statement of cash flows. Please refer to the following section of the comparative balance sheet:
Avatar Company uses the indirect method to prepare the statement of cash flows. Please refer to the following section of the comparative balance sheet: The change in inventory will be shown as a positive cash flow in the adjustments to Net income. The change in inventory will be shown as a positive cash flow in the adjustments to Net income.

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