$10$:$18$ PM Thu May $22$

Done

v$2.$cengagenow.com

$8.$ Appendix $2$ Preparing the Statement of Cash Flows$-$The Direct Method$-$ QU

Problem #$1$ of $3$

Which of the following is used in computing cash payments for merchandise using the direct method?

$1$ a$.$ An increase in accounts payable

$2$ b$.$ An increase in accounts receivable

$3$ c$.$ Net income

d$.$ A decrease in accounts receivable