Question
in a statement of cash flows prepared under the indirect method, which of the following would be added to net income to arrive at net
in a statement of cash flows prepared under the indirect method, which of the following would be added to net income to arrive at net cash provided (used) by operating activities?
a. decrease in inventory
b. increase in prepared expenses
c. decrease in accounts payable
d. increase in accounts receivable
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Modern Auditing
Authors: William C. Boynton, Walter G. Kell
6th Edition
0471596876, 9780471596875
