Question
Using the indirect method, if there was an increase of the inventory balance we would adjust the cash flow for: cash inflow (+) from operating
Using the indirect method, if there was an increase of the inventory balance we would adjust the cash flow for:
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cash inflow (+) from operating activities
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cash outflow (-) from operating activities
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adjustment to net income for non-cash charges
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cash outflow (-) from investing activities
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Managerial Accounting
Authors: Susan V. Crosson, Belverd E. Needles
10th edition
1133940595, 978-1133940593
