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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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6 years ago
Rick Corporation's Accounts Receivable increased by $25,000 during the year. What is the adjustment to the cash flow statement when it is prepared by the indirect method?
A) Add the increase to the net income in operating activities section.
B) Subtract the increase from the net income in operating activities section.
C) Subtract the increase in the financing activities section.
D) Add the increase in the investing activities section.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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6 years ago
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upton Author
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6 years ago
this is exactly what I needed
macbookpro1
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
nsak
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2 hours ago
Thanks
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