When constructing a Statement of Cash Flows, which of the following actions would be considered a use of funds? a. increase in accounts payable b. decrease in inventory c. decrease in fixed assets d. decrease in long-term bonds
When constructing a Statement of Cash Flows, which of the following actions would be considered a use of funds? a. increase in accounts payable b. decrease in inventory c. decrease in fixed assets d. decrease in long-term bonds
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 9DQ: In computing the periods net operating cash flows, why are increases in current liabilities and...
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When constructing a Statement of Cash Flows, which of the following actions would be considered a use of funds?
a. |
increase in accounts payable |
|
b. |
decrease in inventory |
|
c. |
decrease in fixed assets |
|
d. |
decrease in long-term bonds |
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