Question: For each item listed, indicate how the item will impact cash flow (increase, decrease, or no change) using the indirect method. Item Effect on Cash
For each item listed, indicate how the item will impact cash flow (increase, decrease, or no change) using the indirect method. Item Effect on Cash Net Income Answer Increase Increase in Accounts Payable Answer Increase Decrease in Accounts Receivable Answer Decrease Purchase of Long-Term Assets Answer No change Payment of Notes Payable Answer Decrease Increase in Food Inventory Answer Decrease Pay Dividends Answer Decrease Increase in Loans Answer Increase Increase in Prepaid Insurance Answer Decrease
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