A company had ($ 70,000) of merchandise inventory at the beginning of a period and ($ 40,000)

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A company had \(\$ 70,000\) of merchandise inventory at the beginning of a period and \(\$ 40,000\) of merchandise inventory at the end of the same period. If the net cash flow from operating activities is calculated by the indirect method, how should this decrease in inventory be treated in the calculation?

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Financial Accounting

ISBN: 9780256091939

5th Edition

Authors: Kermit D. Larson, Paul B. W. Miller

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