Register
Which of the following would be subtracted from net income using the indirect method? Depreciation expense. An increase in accounts payable. A decrease in prepaid expenses. An increase in accounts receivable.
215k views
2 votes
Which of the following would be subtracted from net income using the indirect method?

Depreciation expense.


An increase in accounts payable.


A decrease in prepaid expenses.


An increase in accounts receivable.

User Feob
by
5.9k points

1 Answer

4 votes
Answer:


An increase in accounts receivable.
User Leoger
by
6.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.2m questions

8.2m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Why do objects used as money need to be in limited supply
When a producer owns an intermediary at the next level down in the marketing channel, it is referred to as _________. a. forward integration b. backward integration c. vertical channel connection d. horizontal
Which organizational behavior perspective discusses inputs, outputs, and feedback? A. Organizational learning B. Open systems C. Multidisciplinary D. Systematic research E. Intellectual capital
Which of the following is not how a pro forma financial statement is used A. to analyze the effects of the firms forecasts on its financial performance B. to determine the amount of money needed for a
Link Copied!