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A Company Uses the Indirect Method to Prepare the Statement

question 89

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A company uses the indirect method to prepare the statement of cash flows. It presents the following amounts on its financial statements. A company uses the indirect method to prepare the statement of cash flows. It presents the following amounts on its financial statements.   *Relates solely to the acquisition of inventory What will appear in the operating activities section related to accounts receivable? A) The increase of $15,000 will be subtracted from sales revenue. B) The increase of $15,000 will be added to net income. C) The increase of $15,000 will be subtracted from net income. D) The increase of $15,000 will be added to sales revenue. *Relates solely to the acquisition of inventory
What will appear in the operating activities section related to accounts receivable?


Definitions:

Exhibitionism

A psychological condition characterized by a compulsion to expose one’s genitals to an unsuspecting person for sexual arousal.

Voyeurs

Individuas who derive sexual pleasure from observing others who are naked, in the process of undressing, or engaged in sexual activity.

Sexual Sadism

A sexual preference that involves sexual arousal from inflicting pain or humiliation on others.

Sexual Masochism

A sexual preference that involves sexual arousal from experiencing pain or humiliation inflicted by others.

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