Question: help A company uses the indirect method to prepare the statement of cash flows. It presen End of this year $115,000 Accounts receivable Cost of

help
help A company uses the indirect method to prepare the statement of
cash flows. It presen End of this year $115,000 Accounts receivable Cost

A company uses the indirect method to prepare the statement of cash flows. It presen End of this year $115,000 Accounts receivable Cost of goods sold 560,000 Sales revenue 830,000 75,000 Accounts payable* Inventory 86,000 Salary payable 13,000 Salary expense 49,000 *Relates solely to the acquisition of inventory What will appear in the operating activities section related to inventory? O A. The decrease of $19,000 will be subtracted from cost of goods sold. OB. The decrease of $19,000 will be added to cost of goods sold. C. The decrease of $19,000 will be added to net income. D. The decrease of $19,000 will be subtracted from net income. ethod to prepare the statement of cash flows. It presents the following data on its financial statements: End of this year End of prior year $115,000 $100,000 560,000 830,000 75,000 67,000 86,000 105,000 13,000 10,000 49,000 45,000 of inventory activities section related to inventory? will be subtracted from cost of goods sold. will be added to cost of goods sold. vill be added to net income. vill be subtracted from net income

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