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 AnswerDecreaseIncreaseNo change
Increase in Accounts Payable AnswerDecreaseIncreaseNo change
Decrease in Accounts Receivable AnswerDecreaseIncreaseNo change
Purchase of Long-Term Assets AnswerDecreaseIncreaseNo change
Payment of Notes Payable AnswerDecreaseIncreaseNo change
Increase in Food Inventory AnswerDecreaseIncreaseNo change
Pay Dividends AnswerDecreaseIncreaseNo change
Increase in Loans AnswerDecreaseIncreaseNo change
Increase in Prepaid Insurance AnswerDecreaseIncreaseNo change

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