Question: On the statement of cash flows, a decrease in merchandise inventory is shown as: Group of answer choices A. a deduction from net income in

On the statement of cash flows, a decrease in merchandise inventory is shown as:

Group of answer choices

A. a deduction from net income in the cash flows from operating activities section

B. an addition to net income in the cash flows from operating activities section

C. a cash inflow in the cash flows from financing activities section

D. a cash outflow in the cash flows from financing activities section

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

When deriving the Statement of Cash Flows, the net cash flow from operations equals Group of answer choices a. Net income + depreciation expense + increase in accounts receivable + increase in...

Q:

This is a timed test an hour please help 17-20 multiple choice t7) Tomlin Corporation prepares its statement of cash flows using the indirect method. Which of the following would be subtracted from...

Q:

please explain answer Using the indirect method to prepare the statement of cash flows, the decrease in Merchandise Inventory A. Is shown as positive cash flows under the financing activities...

Q:

1. Adah Corporation prepares its statement of cash flows using the indirect method. Which of the following would be subtracted from net income in the operating activities section of the statement?...

Q:

How can I do a spreadsheet to make a comparative balance sheet of Cromme for December 31, 2016. The problem is 26e PR 16-1A. Please help me. Below is the part of the problem I have to fill it it is a...

Q:

ZUMBRUNN COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income 230000 Less cash payments: Increase in Accounts Receivable -10000...

Q:

ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2021 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from...

Q:

D E F Required Complete the following calculations by referencing values from the Balance Sheet (found by clicking the Balance Sheet tab at the bottom of this workbook) and values from the notes...

Q:

Presented below are the financial statements of Coronado Industries. Coronado Industries Comparative Balance Sheets December 31 Assets 2022 $49,000 2021 $28,000 Cash 28,000 19,600 Accounts receivable...

Q:

Question 11 Check my work mode : This shows what is correct or incorrect for the work you ha ***** Answer is not complete. VIDEO PHONES, INC. Statement of Cash Flows For the Year Ended December 31,...

Q:

Liz decides to calculate the descriptive statistics of Ireland's stock market in the most recent years. She wants to analyze only the last 3 years (2017-2019), Write the answer in percent format and...

Q:

Water witching, the practice of using the movements of a forked twig to locate underground water (or minerals), dates back over 400 years. Its first detailed description appears in Agricolas De re...

Q:

6. The diagram shows the plan of two neighb estates in the form of two triangles. Calculate the total area of the two estates. 112 m 30% 202 m 60.5 197 m

Q:

d ) awareness of harm 2 . Mohan has decided not to put down a safety guard on the saw he is using. This is an example of which of the following? a ) an accident b ) human factor c ) substitution d )...

Q:

Explain the difference between manpower planning, human resource planning and workforce planning

Q:

Explain the place of planning in human resource management

Q:

What impact do expectations about gender have upon workplace activities and HR practices? To what extent, if at all, do notions of masculinity and femininity reinforce or challenge traditional...