Vandalay Industries' Accounts Receivable decreased by $27,000 and its Accounts Payable decreased by $17,000. What is the net effect on cash from operations under the indirect method

A) +$44,000
B) -$44,000
C) -$10,000
D) +$10,000


D) +$10,000
Explanation: decrease A/R added to NI and decrease A/P subtracted; ex: +$27,000 - $17,000 = +$10,000

Business

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