Under the indirect method on preparing the statement of cashflows, increases in

Question

Under the indirect method on preparing the statement of cashflows, increases in current assets are __________ net income in thecash flows from operating activities section.
a. Subtracted from b. Added to c. Not used d. Cannot tell from the information given Under the indirect method on preparing the statement of cashflows, increases in current assets are __________ net income in thecash flows from operating activities section.
a. Subtracted from b. Added to c. Not used d. Cannot tell from the information given

Explanation / Answer

Under the indirect method of preparing theStatement of Cash Flows , increases in current assets aresubtractedfrom Net income in the Cash Flows from Operating Activitiessection.

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