Get comprehensive solutions to your problems with IDNLearn.com. Get accurate and detailed answers to your questions from our knowledgeable and dedicated community members.

the starting point for preparing the operating activities section using the indirect method is ______.

Sagot :

Organizations often have different operations. The starting point for preparing the operating activities section using the indirect method is Net income.

  • Net income is simply known to be the gross profit and removing  all other expenses, costs and any other income and revenue sources that are not included in gross income.

A lot of other costs is often removed from gross to make it be at net income. They  include interest on debt, taxes, and operating expenses or overhead costs.

Learn more from

https://brainly.com/question/19850768

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find precise solutions at IDNLearn.com. Thank you for trusting us with your queries, and we hope to see you again.