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Question 35 (1 point) Listen > Which would be added back to net income in the operating section of an indirect cash flow statement? 1)
Question 35 (1 point) Listen > Which would be added back to net income in the operating section of an indirect cash flow statement? 1) A decrease in accounts payable 2) Depreciation 3) An increase in accounts receivable O4) An increase in inventory 5) A gain on the sale of a vehicle Question 36 (1 point) Listen In order to help the business prosper, a cash flow statement can aid in all EXCEPT 1) predicting future net income. O2) predicting future cash flows. O 3) evaluating management decisions. 4) ability to pay debts. 5) ability to pay dividends. Question 33 (1 point) Listen Under the indirect method of cash flow, which of the following adjustments would NOT be made to net income when computing cash from operating activities? 1) Adding an increase in accounts payable O2) Adding depreciation expense 3) Adding a decrease in accounts payable 4) Subtracting the gain on sale of land 5) Proceeds from the sale of a long-lived asset Question 34 (1 point) Listen The section of the cash flow statement from investing activities does NOT include 1) the sale of common shares. 2) buying shares of other companies. 3) the cash purchases of equipment. 4) collecting the principal on loans. 5) the proceeds from the sale of equipment
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