Which of the following would be added to net income in the operating activities section of a statement of cash flows prepared using the indirect method?
A. an increase in property, plant, and equipment.
B. a decrease in accounts receivable.
C. a decrease in accrued liabilities.
D. an increase in prepaid expenses.
Answer: C
You might also like to view...
When does agency by ratification occur? What are the conditions necessary for it to be effective?
What will be an ideal response?
Explain what is meant by the tip to “be proactive in establishing social media policies and stay current on fair information policies regarding the use of SMW data.”
What will be an ideal response?
Assessment centers are primarily used to identify employees' technical skills.
Answer the following statement true (T) or false (F)
Using separate cost of capital estimates for individual projects is not appropriate when the projects are relatively few in number and large in scale
Indicate whether this statement is true or false.