Question: under the indirect method, an increase in the inventory account will be deducted from net income to calculate operating cash flow because: a. cash payments
under the indirect method, an increase in the inventory account will be deducted from net income to calculate operating cash flow because:
a. cash payments to suppliers were less than the purchases made during the period
b.inventory does involve cash payments
c. cash payments to suppliers were larger than the purchases made during the period
d. customers purchased more goods than expected
e. increased in inventories are never deducted they are added to net income
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