Question
Using the indirect method (statement of cash flows), a decrease in inventory would: A) be subtracted from net income B) be added to net income
Using the indirect method (statement of cash flows), a decrease in inventory would: A) be subtracted from net income B) be added to net income C) have no adjustment made to net income D) be added to the investing section of the statement of cash flows
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Edition
0471347744, 978-0471347743
