Business, 18.03.2020 21:04 tommyaberman
When using the indirect method to determine cash flows from operating activities, an increase in prepaid expenses should be reported as:
a. Not reported.
b. A deduction from net income in determining cash flows from operating activities.
c. An investing ectivity.
d. An addition to the net income in determining cash flows from operating activities.
Answers: 1
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When using the indirect method to determine cash flows from operating activities, an increase in pre...
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