When preparing a the operating section of the statement of cash flows using the indirect method, which of the following items are added to net income?
A) decrease in accounts payable
B) unrealized gains on trading securities
C) loss on sale of equipment
D) increase in merchandise inventory
Answer: C
Business
You might also like to view...
Which of the following is a psychological factor that impacts consumer buying decisions?
a. Social class b. Learning c. Personality d. Lifestyle
Business
Health ordinances are local laws and rules created to protect the general welfare of the citizens in the community.these could include all of the following areas of coverage, except:
A. Limitations on the type of number of pets B. Restrictions and rules for outside burning. C. Restrictions on the legal use of land D. Restrictions on permissible noise levels
Business