Question: When using the indirect method to prepare the eperating section of a statement of cash flow, which of the following is deducted from net income

When using the indirect method to prepare the eperating section of a statement of cash flow, which of the following is deducted from net income to compute cash provided by used by eperating activities?

decrease in accounts recelivable

gain on sale of lind

amortization of patent

all of the choices are correct

When using the indirect method to prepare the

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 indirect method to prepare the operating section of a statement of cash flows, which of the following is added to net income to compute cash provided/used by operating activities? a....

QUESTION 9 When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted from net income to compute cash provided by used by...

Payment of Note Payable(short-term) 100,000 50,000 Proceeds from sale of equipment 14. The net cash provided (used) by investing activities during 2011 is a. $50,000 $(300,000). 50 00O-500D0a $...

When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted from net income to compute cash provided by used by operating...

not an adjustment to reconcile het A) A change in income taxes payable B) A change in interest payable C) A change in dividends payable D) All of these are adjustments. 20. When using the indirect...

When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted from net income to compute cash provided by/used by operating...

When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is added to net income to compute cash provided by/used by operating activities?...

plz help with both QUESTION 21 When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is added to net income to compute cash provided by...

Napier Co. provided the following information on selected transactions during 2011: The net cash provided (used) by investing activities during 2011 is a. $50,000 b. $(300,000) c. (50,000). d. $(1,...

statement transactions that were originally reported on a cash basis and projecting this amount to the entire array of income statement transactions. Question 5 (1 point) When using the indirect...

Lenses with given radii object O stands in front of a thin lens, on the central axis. For this situation, each problem in Table 34-7 gives object distance p, index of refraction n of. the lens,...

Consider the folowing integrat 2" de for nEN-(1.2.3, Now consider the totowing three statements 2 dir equals the oxant ara bounded by /z) ="r-1,. L and theas L Since one of our bounds is negartive (r...

5 Why is the cost of debt normally lower than the cost of preferred shares? Multiple Choice 2 . 1 6 . 0 9 Preferred share dividends must be paid before common share dividends. Common share dividends...

Discuss qualitative research designs in detail?