10. Which of the following should be SUBTRACTED from net income + depreciation when constructing a statement of cash flows using the indirect method? Choose ALL that apply (this is an all or nothing question - you must correctly choose all correct answers to receive any credit for this question). a. Increase in an asset account that is related to an account on the income statement. b. Decrease in an asset account that is related to an account on the income statement. c. Increase in a liability account that is related to an account on the income statement. d. Decrease in a liability account that is related to an account on the income statement. e. None of the above. 11. Which of the following should be ADDED to net income + depreciation when constructing a statement of cash flows using the indirect method? Choose ALL that apply (this is an all or nothing question - you must correctly choose all correct answers to receive any credit for this question). a. Increase in an asset account that is related to an account on the income statement. b. Decrease in an asset account that is related to an account on the income statement. c. Increase in a liability account that is related to an account on the income statement. d. Decrease in a liability account that is related to an account on the income statement. e. None of the above. 12. In conducting a common-size income statement analysis, every balance sheet item is divided by a. its corresponding base year balance sheet item. b. its corresponding base year income statement item. c. net sales or revenues. d. total assets. e. total liabilities. f. None of the above. 13. In conducting a common-size balance sheet analysis, every account on the balance sheet is divided by a. its corresponding base year balance sheet item. b. its corresponding base year income statement item. c. net sales or revenues. d. total assets. e. total liabilities. f. None of the above. 14. The liability created by a business when it purchases coffee beans and coffee cups on credit from suppliers is termed a(n) a. account payable. b. account receivable. c. revenue. d. expense. e. None of the above. 10. Which of the following should be SUBTRACTED from net income + depreciation when constructing a statement of cash flows using the indirect method? Choose ALL that apply (this is an all or nothing question - you must correctly choose all correct answers to receive any credit for this question). a. Increase in an asset account that is related to an account on the income statement. b. Decrease in an asset account that is related to an account on the income statement. c. Increase in a liability account that is related to an account on the income statement. d. Decrease in a liability account that is related to an account on the income statement. e. None of the above. 11. Which of the following should be ADDED to net income + depreciation when constructing a statement of cash flows using the indirect method? Choose ALL that apply (this is an all or nothing question - you must correctly choose all correct answers to receive any credit for this question). a. Increase in an asset account that is related to an account on the income statement. b. Decrease in an asset account that is related to an account on the income statement. c. Increase in a liability account that is related to an account on the income statement. d. Decrease in a liability account that is related to an account on the income statement. e. None of the above. 12. In conducting a common-size income statement analysis, every balance sheet item is divided by a. its corresponding base year balance sheet item. b. its corresponding base year income statement item. c. net sales or revenues. d. total assets. e. total liabilities. f. None of the above. 13. In conducting a common-size balance sheet analysis, every account on the balance sheet is divided by a. its corresponding base year balance sheet item. b. its corresponding base year income statement item. c. net sales or revenues. d. total assets. e. total liabilities. f. None of the above. 14. The liability created by a business when it purchases coffee beans and coffee cups on credit from suppliers is termed a(n) a. account payable. b. account receivable. c. revenue. d. expense. e. None of the above