Assume That the Charleston Inc

question 10

Multiple Choice

Assume that the Charleston Inc.uses the indirect method to depict cash flows.Indicate where, if at all, an inventory increase would be classified on the statement of cash flows.

• A)Operating activities section.
• B)Investing activities section.
• C)Financing activities section.
• D)Does not represent a cash flow.

---

Definitions:

Maximum

The largest value in a given set of numbers or data points.

Range

The difference between the highest and lowest values in a dataset, offering a simple measure of data spread.

Variance

A measure of the dispersion of a set of data points around their mean, indicating how widely the data values are spread out.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.