Which of the following should be deducted from net income in calculating net cash flow from operating activities using the indirect method?

A) a decrease in inventory
B) a decrease in accounts payable
C) preferred dividends declared and paid
D) a decrease in accounts receivable

B

Business

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Studies of vehicular traffic counts are particularly important in downtown shopping areas with extensive mass transportation facilities

Indicate whether the statement is true or false

Business

An open-end mutual fund may do all of the following except

A) sell shares directly to investors. B) charge a fee to buy but not sell shares. C) repurchase shares from investors who want to sell their shares. D) have its shares traded on the New York Stock Exchange.

Business