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If the company shows a decrease of $10,000 in Accounts Payable from one year’s balance sheet to the next, what would be the adjustment to net income using the indirect method?

a. No change to cash flow

b. Decrease cash flow by $10,000

c. Increase cash flow by $10,000

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92398250

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