Question

In: Accounting

Investment Income recorded using the Equity Method should be presented in a statement of cash flows...

Investment Income recorded using the Equity Method should be presented in a statement of cash flows (using the indirect method) as a(n):

Select one:

a. Addition to net income in the Operating Activities section

b. Deduction from net income in the Operating Activities section

c. Investing activity

d. Financing activity

e. Footnote only

Solutions

Expert Solution

Investment Income recorded using the Equity Method is not presented in the statement of cash flows.

The answer is Option e.

ekkarill92 answered 2 years ago
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