Question

Rick Corporation’s Accounts Receivable decreased by $25,000 during the year.What is the adjustment to the cash flow statement when it’s prepared by the indirect method?
A. Subtract the decrease from the net income in operating activities.

B. Add the decrease to the net income in operating activities.

C. Add the decrease in the investing activities section.

D. Subtract the decrease in the financing activities.

Answer 1

@PrincessHush

Answer 2

can u help me with alot of problems real quick?

Answer 3

like 8 or 9?

Answer 4

Not really quickly no..it might take me a few minutes to answer your question. I am only a sophomore you know.. xD

Answer 5

@Nnesha

Answer 6

lol Nnehsa ignores u....she does me

Answer 7

She said she is willing to help you if she can but i mean if you don't want her help..

Answer 8

@vera_ewing @undeadknight26

Answer 9

i need her lol

Answer 10

@Nnesha

Answer 11

ima try and get others too ok?

Answer 12

@timo86m

Answer 13

@ganeshie8 @whpalmer4

Answer 14

any ideas?

Answer 15

i was thinkng A

Answer 16

The answer to your question is B. Add the decrease to the net income in operating activities.

Answer 17

http://www.accountingtools.com/cash-flows-indirect-method
that link might be helpful
there is an example

Answer 18

idk this one

Answer 19

so what is the answer lol

Answer 20

same
'm not good at this

Answer 21

I told you it's B

Answer 22

r u sure?

Answer 23

Yes, Have i given you wrong answers before?

Answer 24

well.........no

Answer 25

Did you get it right?