Create a partial common size balance sheet below:

Common-Size Balance Sheet
	2014	Percentage	2013	Percentage
Assets
Cash	800		1,600
Accounts Receivable	6,194		5,666
Inventory	6,254		5,838
Fixed Assets (Land, Building, etc)	28,380		25,214
Accumulated Depreciation	-6,950		-6,176
Total Assets	34,678		32,142

If a current asset goes up from year to year, it will be recorded on the statement of cash flows?

a. As an increase in cash from operations

b. As an increase in cash from investing

c. As a decrease in cash from operations

d. As a decrease in cash from investing

Which of the following is a non-cash expense that must be added back to net income when completing the cash flows from operating activities using the indirect method?

a. Land

b. Depreciation

c. Dividends

d. Long term debt