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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
A company uses the direct method to prepare the statement of cash flow computes the amount of cash it receives from customers as
A) sales revenue minus the decrease (or plus the increase) in accounts receivable.
B) sales revenue plus the decrease (or minus the increase) in accounts receivable.
C) cost of goods sold minus ending inventory plus beginning inventory.
D) cost of goods sold plus ending inventory minus beginning inventory.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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#1
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8 years ago
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bernie2981 Author
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8 years ago
You make an excellent tutor!
brina10
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Yesterday
Good timing, thanks!
vernonb
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2 hours ago
this is exactly what I needed
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