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bernie2981 bernie2981
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Posts: 3810
8 years ago
Using the direct method to prepare the statement of cash flows, cash payments to supplies is computed as
A) interest expense minus the increase in merchandise inventory.
B) purchases minus the increase in accounts payable.
C) interest expense minus the decrease in accounts payable.
D) interest expense minus the decrease in merchandise inventory.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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8 years ago
B
bernie2981 Author
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8 years ago
Wow! Thank you
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