Ettredge Corporation recorded a finance lease in February of Year 1 using an annuity due...
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Accounting
Ettredge Corporation recorded a finance lease in February of Year 1 using an annuity due present value table. The company's statement of cash flows for the year ending December 31, Year 1 using the indirect method will report:
Multiple Choice
a. an addition to net income for amortization.
b. a cash inflow from financing activities.
c. a cash outflow from investing activities.
d. a cash inflow from operating activities.
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