Multiple Choice
Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method?
A) an increase in inventory
B) a decrease in accounts payable
C) preferred dividends declared and paid
D) a decrease in accounts receivable
Correct Answer:

Verified
Correct Answer:
Verified
Q22: The cost of merchandise sold during the
Q23: The acquisition of land in exchange for
Q24: To determine cash payments for operating expenses
Q25: For each of the following, identify whether
Q26: Rogers Company reported net income of $35,000
Q28: Dickinson Company reported net income of $155,000
Q29: An analysis of the general ledger accounts
Q30: When using the spreadsheet (work sheet)
Q31: The net income reported on the income
Q32: The cash flows from operating activities are