Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. explain why, under the indirect method, an increas

Explain why, under the indirect method, an increase in inventory is deducted from net income...

90.2K

Verified Solution

Question

Accounting

Explain why, under the indirect method, an increase in inventory is deducted from net income to arrive at net cash provided by operating activities.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

5. Show that if R is a division ring,then Mn(R) has no nontrivial two-sided ideals.

Advance Math
Q

Find the local maximum and minimum values and saddle point(s) of the function. If you have...

Advance Math
Q

Given two sets A,B prove A<---> B either using the definition of the schroeder-bernstein theorem

Advance Math
Q

A ship of mass 3 x 107 kg initially at rest is pulled by a...

Physics
Q

Give reasons 4 Ozone layer is a protective shell of earth Microbes in soil get...

Physics
Q

38 Find the function value to four places csc 83 40 A 1 006 B...

Calculus
Q

incurred issue cost of shs. 100,000 . The bonds are redeemable after three years at...

Accounting
Q

Find the tax liabilities based on the taxable income of the following people: A...

Accounting
Q

I just need an explanation with the answer on number 23. Thanks 23)...

Accounting
Q

Morgan Leasing Company signs an agreement on January 1, 2020, to lease equipment to Cole...

Accounting
Q

Chalmers Corporation operates in multiple areas of the globe, and relatively large price changes are...

Accounting
Q

Which combination of activities within a single financial institution is least likely to lead to...

Finance