Determining the Effects of Account Changes on Cash Flow from Operating Activities (Indirect Method)
Indicate whether each item would be added (+) or subtracted (−) in the computation of cash flow from operating activities using the indirect method.
________ 1. Accrued expenses (increase). |
________ 2. Inventories (increase). |
________ 3. Accounts receivable (decrease). |
________ 4. Accounts payable (decrease). |
________ 5. Depreciation, depletion, and amortization. |
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