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What the amount of the cash flow from operating activities

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Reference no: EM132495236

Question 1: If a company uses the effective interest rate method, the amount of the cash flow from operating activities will be

Multiple Choice

Option 1: the same as it would have been had the company used the straight-line method.

Option 2: more than it would have been had the company used the straight-line method.

Option 3: less than it would have been had the company used the straight-line method.

Option 4: None of the answers is correct.

Reference no: EM132495236

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