Walker Corp $\quad$ $\quad$ $\quad$ $\quad$ $\quad$

question 98

Multiple Choice

Walker Corp. uses indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Walker Inc.
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Comparative Balance Sheet
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ December 31, 2014 and 2013
$\begin{array}{lrrr} & 2014 & 2013& \text { Increase/decrease } \\\text { Cash } & \$ 45,000 & \$ 27,000 & \$ 18,000 \\\text { Accounts Receivable } & 48,000 & 45,000 & 3,000 \\\text { Inventory } & 180,000 &132,000 & 48,000 \\ \text { Total assets} & \$273,000 &\$204,000 & \$69,000 \\\hline\end{array}$ How will the change in inventory be shown on the statement of cash flows?

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Definitions:

Total Fertility Rate

The average number of children that would be born to a woman over her lifetime in a given population.

Replacement-level Fertility

The birthrate needed for a population to reproduce itself exactly from one generation to the next, excluding any changes due to migration.

Birth Rate

The number of live births per thousand people in a population per year.

Future Population

Projected numbers of individuals that will exist in the future based on current demographic trends.