Question
John doesn't understand where each cash flow goes on the statement of cash flows You explain that an increase in inventory, for instance, will _____
John doesn't understand where each cash flow goes on the statement of cash flows You explain that an increase in inventory, for instance, will _____ the cash flow from _____ activities.
Multiple Choice
Decrease; operating.
Increase; investment.
Increase; financing.
Decrease; financing.
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Governmental and Nonprofit Accounting
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
10th edition
132751267, 978-0132751261
