In Year 8, Global Marketing Corporation Had a Net Increase

Multiple Choice

In Year 8, Global Marketing Corporation had a net increase in inventories of $50,000.The T-account work sheet for preparing the statement of cash flows

A) adds this change in inventory in deriving cash flow from operating activities.
B) adds this change in inventory in deriving cash flow from financing activities.
C) subtracts this change in inventory in deriving cash flow from operating activities.
D) subtracts this change in inventory in deriving cash flow from financing activities.
E) subtracts this change in inventory in deriving cash flow from investment activities.