When reporting operating activities in a statement of cash flows, depreciation is: Multiple Choice ignored in the indirect method. added back to net income in the indirect method. subtracted from net income in the indirect method. added back to net income in the direct method.

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration