Question: When preparing a statement of cash flows using the indirect approach, an increase in ending payables over beginning payables inventory will result in: A. a

When preparing a statement of cash flows using the indirect approach, an increase in ending payables over beginning payables inventory will result in:

A. a cash inflow from financing activities.

B. a reduction in inventory.

C. a subtraction from income in calculating operating cash flows.

D. a addition to income in calculating operating cash flows.

E. None of these.

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