Cash Flows from Operating Activities-Indirect Method

question 7

Essay

Cash flows from operating activities-indirect method
In the computation of net cash flows from operating activities for 2018 by the indirect method,determine whether each of the following items would be added to net income,deducted from net income,or omitted from the computation.Indicate your answer by using the following symbols: + (added to net income),- (deducted from net income),or 0 (omitted from computation).
________ (a)A decrease in accounts payable to suppliers of merchandise during 2018.
________ (b)A loss recognized on the sale of office equipment during 2018.
________ (c)Depreciation expense for 2018.
________ (d)Dividends,declared at the end of last year,paid to shareholders during the current year.
________ (e)An increase in inventory levels during 2018.
________ (f)A decrease in accounts receivable from customers during 2018.

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Definitions:

Low-dosage

Refers to administering or receiving a smaller amount of a substance or medication than the typical standard or recommended amount.

Hormonal Injectables

Birth control methods that involve injecting hormones into the body to prevent ovulation and thereby reduce the likelihood of pregnancy.

Oxytocin

A hormone and neurotransmitter that plays a significant role in social bonding, sexual reproduction, childbirth, and the period after childbirth.

Bonding

The process of developing a close emotional relationship between parents and their newborn, or between individuals and animals.