When computing the net cash provided by operating activities using the indirect method on the statement of cash flows, which item below would NOT be added to net income?
A. Loss on the sale of an asset.
B. Depreciation.
C. Decrease in accounts payable.
D. Decrease in prepaid expenses.
Answer: C
You might also like to view...
While the majority of claims against companies come from unethical individuals, companies must still respond because of the few who believe they have a legitimate claim
Indicate whether the statement is true or false
When personal integrity drives your decisions,
a. you do what you have to do. b. you do what is right simply because it is right. c. you do what you do because you may be punished if you do the wrong thing. d. all of these choices.
One of the features of some voice-message systems used within organizations is the ability to "broadcast" the same message to multiple individuals
Indicate whether the statement is true or false.
An operations task performed at Hard Rock Café is:
A) borrowing funds to build a new restaurant. B) advertising changes in the restaurant menu. C) calculating restaurant profit and loss. D) preparing employee schedules. E) all of the above.