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:

Depressive Disorders

A range of conditions characterized by persistent feelings of sadness, hopelessness, and other emotional disturbances that interfere with daily functioning.

Information

Data, facts, or details provided or learned about something or someone.

Attention

The act of concentrating or focusing mental effort on a particular object, task, or activity.

Dissociative Identity Disorder

A complex psychological condition characterized by the presence of two or more distinct personality states or identities within a single individual.