Using the Indirect Method,cash Flows from Operating Activities Would Be

question 23

Multiple Choice

Using the indirect method,cash flows from operating activities would be increased by which of the following?

• A) Gain on sale of investments
• B) Decrease in accounts receivable
• C) Decrease in accounts payable
• D) Increase in prepaid expenses

---

Definitions:

Demand Curve

A graphical representation in economics showing the relationship between the price of a good and the quantity demanded by consumers at various price levels.

Monopolistically Competitive Market

An economic setup in which numerous companies offer goods that are alike but not identical, granting them some level of control over the market.

Marginal Revenue

The additional revenue that a firm receives from selling one more unit of a good or service.

Average Total Cost

The total cost of production divided by the total output or quantity produced.