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

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Martebi

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.

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