Question: SHF 4 of 2 3 Concepts completed Multiple Choice Question When operating cash flows are calculated using the indirect method, if Accounts Receivable balance decreased,
SHF
of Concepts completed
Multiple Choice Question
When operating cash flows are calculated using the indirect method, if Accounts Receivable balance decreased, then the change is during the period.
deducted from net income because more cash was collected than revenues generated
added to net income because more cash was collected than revenues generated
added to net income because less cash was collected than revenues generated
deducted from net income because less cash was collected than revenues generated
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