Which of the following should be added to net income in calculating net cash flow from operating activities usingthe indirect method?
a. depreciation expense
b. an increase in inventory
c. a gain on the sale of equipment
d. dividends declared and paid
a
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Jill wins a lawsuit against Terry in Wyoming state court. The court passes a judgment requiring Terry to pay $20,000 to Jill. Soon after the case is settled, Terry moves to Colorado, where she owns a house, and refuses to pay Jill the money. Which of the following is the best course of action for Jill?
A. File a lawsuit against Terry in a Colorado state court to enforce the Wyoming court judgment. B. File another case against Terry in the Wyoming state court to collect the money against Terry's property. C. File a case against Terry in Wyoming to force Terry to sell her house in Colorado to pay the money. D. File a case in the Colorado federal court as this qualifies as a federal question case.
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