In determining net cash flows from operating activities (assuming the indirect method is used), what are the

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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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Financial Accounting

ISBN: 9780618310746

8th Edition

Authors: Belverd E. Needles Jr,, Marian Powers

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