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I just need this checked if it is correct plz Cash Flows from Operating Activities-Indirect Method Indicate whether each of the following would be added
I just need this checked if it is correct plz
Cash Flows from Operating Activities-Indirect Method Indicate whether each of the following would be added to or deducted from net income in determining net cash flow from operating activities by the indirect method: a. Decrease in inventory Deducted b. Increase in accounts receivable Added C. Increase in accounts payable Deducted Deducted d. Loss on retirement of long-term debt e. Depreciation of fixed assets f. Decrease in notes receivable due in 60 days from customers g. Increase in salaries payable Deducted Added Deducted Deducted Added h. Decrease in prepaid expenses i. Amortization of patent Added j. Increase in notes payable due in 120 days to vendors k. Gain on disposal of fixed assets AddedStep by Step Solution
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