Question: Using the indirect method to create the operating activities section of the statement of cans flows, the cash flow recorded based on the change in

Using the indirect method to create the operating activities section of the statement of cans flows, the cash flow recorded based on the change in invenlory would be:

an increase of $

150, 000

Whatum efference

3

decrease of $

400, 000

Serval $

150000

Using the indirect method to create the operating

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!

The question is in the pdf attached file. I will like the answers be in a separate sheet 7/15/2017 Take Test: Chapter No.4 - ACCT 610 (Summer 2017 Section 50) Obioma Ubani-Ukoma CSUSB Online H...

1.The residual interest in the resources of an entity that remains after deducting its debts to third parties from its assets defines a.additional paid-in capital. b.liabilities. c.equity....

Selected data for Kris Corporations comparative balance sheets for Year 1 and Year 2 are as follows: Year 1 Year 2 Assets Cash $ 100,000 $ (50,000 ) Accounts receivable (net) 50,000 100,000 Inventory...

Selected data for Kris Corporation's comparative balance sheets for Year 1 and Year 2 are as follows: Year 1 Year 2 Assets Cash $ 100,000 $ (50,000 ) Accounts receivable (net) 50,000 100,000...

Selected data for Kris Corporations comparative balance sheets for Year 1 and Year 2 are as follows: Year 1 Year 2 Assets Cash $ 100,000 $ (50,000) Accounts receivable (net) 50,000 100,000 Inventory...

I would like help with my weekly test questions for Accounting. The testis uploaded for your review. Test 3 5-7 Multiple Choice Identify the choice that best completes the statement or answers the...

1. Why was the statement of cash flows created by the Financial Accounting Standards Board (FASB)? 2. Describe the three classifications of cash flows, and provide examples of activities that would...

Generally, if a short-term investment is to be classified as a cash equivalent, the term can be no longer than: Multiple Choice 12 months from the date it was acquired. 3 months from the date it was...

Six capacitors are connected as shown in the figure. Calculate the accumulated charge for each capacitor. C2 G= 40 F C= 70 F 33,3V 3 C2=100 F Cs= 50 F C3= 30 F - 10 F

Let w e R" is an n-dimensional column vector, and f(w) ER is a function of w. In Lecture 2, we have defined the gradient Vf(w) E R" and Hessian matrir HE R"xn of f with respect to w. (a) 5 points]...

Multiple Choice Accounting equation. Bond contract. Capital structure. Carrying value.

Q What is the function of anti-pumping in the circuit breaker?