Indicate Whether Each of the Following Would Be Added to or Deducted

question 64

Essay

Indicate whether each of the following would be added to or deducted from net income in determining net cash flow from operating activities by the indirect method:
(a)Increase in prepaid expenses
(b)Amortization of patents
(c)Increase in salaries payable
(d)Gain on sale of fixed assets
(e)Decrease in accounts receivable
(f)Increase in notes receivable due in 60 days
(g)Amortization of discount on bonds payable
(h)Decrease in merchandise inventory
(i)Depreciation of fixed assets
(j)Loss on retirement of long-term debt
(k)Decrease in accounts payable
(l)Increase in notes payable due in 30 days
(m)Increase in income taxes payable

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Definitions:

Exam Grades

The numerical or letter indicators used to quantify a student's performance in an academic examination.

Random Assignment

Researchers’ assignment of participants to groups by chance, to reduce the likelihood that an experiment’s results will be due to preexisting differences between groups.

Experimental Research

A methodological approach in scientific studies where variables are manipulated to assess their effects on other variables, typically within a controlled environment.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables are linearly related, varying from -1 (perfect negative correlation) to +1 (perfect positive correlation).