When the indirect method is used to prepare the operating activities section of the statement of cash flows, are increases in current liabilities added or subtracted from net income to arrive at the net cash flow?
What will be an ideal response?
Increases in current liabilities are added to net income to determine the cash flow from operating activities.
You might also like to view...
Which of the following statements is true? ?
A. ?In a static model, an economy is assumed to start at a point where all variables are constant. B. ?In the dynamic model of money, the longer prices take to adjust to shocks, the more long-lived is the liquidity effect. C. ?In the dynamic model of money, all variables are initially growing at an increasing rate but they eventually reach a steady state. D. ?Money supply is the only endogenous variable in the dynamic model of money.
Uncertain negative cognitive outcomes of a high level of perceived change excessiveness among employees are known as ______.
A. cognitive dissonance B. change uncertainty D. environmental pressures E. organizational stress
The term "cost structure" describes an organization relationship of fixed costs to variable costs
Indicate whether the statement is true or false
The Mor Barak inclusion-exclusion scale (MBIE) uses a matrix system of _______________ work-organization system levels
a. Three b. Five c. Two d. Four