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Which of the following statements is CORRECT? A. In the statement of cash fl
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May 27, 2020CRITICAL THINKING ABOUT THE BIBLE
January 5, 2021Which of the following statements is CORRECT?
A. In the statement of cash flows depreciation charges are reported as a use of cash.
B. In the statement of cash flows a decrease in accounts receivable is reported as a use of cash.
C. In the statement of cash flows a decrease in inventories is reported as a use of cash.
D. In the statement of cash flows a decrease in accounts payable is reported as a use of cash.
E. Dividends do not show up in the statement of cash flows because dividends are considered to be a financing activity not an operating activity.
