How will the change in Accounts Payable be shown on the statement of cash flows?
Virginia Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet:
A) as an addition to Net Income
B) as a deduction from Net Income
C) as a deduction from investing cash flows
D) as an addition to operating cash flows
B) as a deduction from Net Income
You might also like to view...
Lactose is milk sugar, and as infants, humans produce substantial amounts of the lactase enzyme to digest it. However, as we age, we soon lose some or even all of our lactase. In such cases, undigested lactose passes to the lower intestine where bacteria break it down into lactic acid and CO2, causing painful gas and bloating. This problem could be avoided by
A. taking lactase enzyme tablets or avoiding all dairy products. B. taking lactase enzyme tablets when consuming lactose products. C. avoiding all dairy products containing lactose. D. consuming lactose in tablet form. E. taking any enzyme tablets when consuming dairy products.
Ayla is in charge of a group that is definitely in the storming stage. She’s asked your advice as to what management style she should be using, and you tell her that the ______ style is most appropriate at this stage.
a. participative b. consultative c. empowerment d. autocratic
What is a budget contingency and what are three reasons it might be useful?
What will be an ideal response?
Respondeat superior is no longer applied in agency relationships
Indicate whether the statement is true or false