Business, 12.12.2019 03:31, TheOneHpLeft
Freemont company's accounts receivable decreased by $4,000 and its inventory decreased by $3,000 during the year. which of the following is the correct treatment within the operating activities section of the statement of cash flows using the indirect method? a. the change in accounts receivable is added to net income; the change in inventory is added to net income. b. the change in accounts receivable is subtracted from net income; the change in inventory is added to net income. c. the change in accounts receivable is added to net income; the change in inventory is subtracted from net income. d. the change in accounts receivable is subtracted from net income; the change in inventory is subtracted from net income.
Answers: 1
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