When adjusting an operating profit to calculate the 'cash flows from operating activities', an increase in inventories

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When adjusting an operating profit to calculate the 'cash flows from operating activities', an increase in inventories over the financial period would be:

a Added to operating profit

b Ignored

c Included in the 'cash flows from investing activities'

d Deducted from operating profit

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Introduction To Accounting And Finance

ISBN: 9780273711629

2nd Edition

Authors: Geoff Black

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Question Posted: May 31, 2024 10:04 AM

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When adjusting an operating profit to calculate the 'cash flows from operating activities', an increase in inventories

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Introduction To Accounting And Finance

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