Question: When using the indirect method for preparing the statement of cash flows, all of the following will appear in the operating activities section except: a

When using the indirect method for preparing the statement of cash flows, all of the following will appear in the operating activities section except:

a) increase in deferred tax

b) an increase in long-term liabilities

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!

When using the direct method to prepare the statement of cash flows, two adjustments must be made to cost of goods sold to calculate cash paid to suppliers. Which of the following correctly explains...

1. The difference between the direct method and the indirect methods of preparing the statement of cash flows is primarily visible in which of the following sections? Select one: a. Operating...

When using the indirect method of preparing a statement of cash flows, which of the following items would need to be added to net income in order to reconcile to cash provided by operating...

Using the indirect method for preparing the statement of cash flows, which of the following would not be included as an adjustment to net income? A decrease in Prepaid Insurance. An increase in...

How is depreciation expense treated under the indirect method of preparing the statement of cash flows? a. as an outflow in the Operating Activities section of the statement b. as an outflow in the...

When using the indirect method of preparing a statement of cash flows, which of the following items would need to be deducted from net income in order to reconcile to cash provided by operating...

When using the indirect method of preparing a statement of cash flows, which of the following items would need to be added to net income in order to reconcile to cash provided by operating...

Q1. Over 90% of the total dollars of business receipts are received by proprietorships. a. true b. false Q2. Assets are acquired through investing activities when resources are purchased. a. true b....

125(1) Q1. Given the following list of accounts, calculate Total Assets: Accounts Receivable 5,000 Capital Stock 20,000 Cash 19,300 Equipment 15,400 Fees Earned 44,400 Miscellaneous Expense 18,200...

A certain device for analyzing electromagnetic radiation is based on the Bragg scattering of the radiation from a crystal. For radiation of wavelength 0.149 nm, the first-order Bragg peak appears...

Find the steady periodic solution to the differential equation in the form with C> 0 and 0

BE21.5 (LO 2) Sesame plc purchased a computer system for 74,000 on January 1, 2023. It was depreciated based on a 7-year life and an 18,000 residual value, using straight-line depreciation. On...

Read the following questions and identify the business trend illustrated in the example. Line workers at a Hamilton steel mill developed a new process that made the line safer. It went through only...

5. What advice might Hayward take from Drucker (cited toward the beginning of this chapter) to improve his success in the future?

5. What decisions would a city manager at the postconventional level be expected to make?

3. What decisions would a city manager at the conventional level be expected to make?