Question: how do u do this? A company uses the indirect method to prepare the statement of cash flows. It presents the End of this year


A company uses the indirect method to prepare the statement of cash flows. It presents the 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 accounts receivable? OA. The increase of $17,000 will be subtracted from net income. B. The increase of $17,000 will be subtracted from sales revenue. OC. The increase of $17,000 will be added to sales revenue. OD. The increase of $17,000 will be added to net income. A company uses the indirect method to prepare the statement of cash flows. It pres End of this year $115,000 Accounts receivable Cost of goods sold 560,000 Sales revenue 830,000 Accounts payable* 75,000 Inventory 86,000 Salary payable 13,00C Salary expense 49,000 *Relates solely to the acquisition of inventory What will appear in the operating activities section related to accounts receivable OA. The increase of $17,000 will be subtracted from net income. OB. The increase of $17,000 will be subtracted from sales revenue. OC. The increase of $17,000 will be added to sales revenue. OD. The increase of $17,000 will be added to net income. he statement of cash flows. It presents the following data on its financial statements: End of this year End of prior year $115,000 $98,000 560,000 830,000 75,000 67,000 86,000 105,000 13,000 10,000 49,000 45,000 related to accounts receivable? from net income. from sales revenue. ales revenue. et income. e statement of cash flows. It presents the following data on its financial statements: End of this year End of prior year $115,000 $98,000 560,000 830,000 75,000 67,000 86,000 105,000 13,000 10,000 49,000 45,000 related to accounts receivable? from net income. from sales revenue. ales revenue. et income
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