Which of the following is not added when computing cash flows from operations using the indirect method?
Question:
Which of the following is not added when computing cash flows from operations using the indirect method?
a. The net increase in accounts payable.
b. The net decrease in accounts receivable.
c. The net decrease in inventory.
d. All of the above should be added.
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The correct answer is d All of the above should be added When com...View the full answer
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Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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