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JZ240 JZ240
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A year ago
Brandon, Inc. had a $1,000 decrease in accounts receivable during the year. Which of the following will appear on the statement of cash flows prepared using the indirect method?

▸ Add $1,000 to net income in order to arrive at net cash provided by operating activities.

▸ Deduct $1,000 to arrive at net cash flows from investing activities.

▸ Deduct $1,000 from net income in order to arrive at net cash provided by operating activities.

▸ Do not include the $1,000 in the statement of cash flows but show it in an accompanying schedule of non-cash transactions.
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Managerial Accounting

Managerial Accounting


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Dark_ShadowDark_Shadow
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JZ240 Author
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A year ago
Thanks
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this is exactly what I needed
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Thank you, thank you, thank you!
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