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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
The Accounts Payable balance has decreased during the year. How would this affect the Statement of Cash Flows operations section under the indirect method?
A) It is already included in the net income.
B) It would be added back to net income.
C) It would be subtracted from net income.
D) It does not affect the cash flow from operations.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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#1
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7 years ago
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bravata Author
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#2
7 years ago
Thank you so much

I wish I knew about this years ago
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