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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

Question Posted: