In determining net cash flows from operating activities (assuming the indirect method is used), what are the
Question:
In determining net cash flows from operating activities (assuming the indirect method is used), what are the effects on cash generated by the following items:
(a) an increase in accounts receivable,
(b) a decrease in inventory,
(c) an increase in accounts payable,
(d) a decrease in wages payable,
(e) depreciation expense, and
(f) amortization of patents?lo1
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