Question: In the indirect method of preparing the cash flow statement, an increase in the balance in a retailer's merchandise inventory is classified under which activity?
In the indirect method of preparing the cash flow statement, an increase in the balance in a retailer's merchandise inventory is classified under which activity?
Select one:
a Cash flow from Operating activities.
b Cash flow from Financing activities.
c Cash flow from Investing activities.
d None of the above.
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