Goldman Company's Accounts Receivable decreased by $23,000 and its Accounts Payable increased by $12,000. What is the net effect on cash from operations under the indirect method?

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Under the indirect method, a decrease in Accounts Receivable increases cash flow (since it means cash was collected), and an increase in Accounts Payable also increases cash flow (since it means less cash was paid out). Therefore, the net effect is an increase of $23,000 + $12,000 = $35,000.

Goldman Company's Accounts Receivable Decreased by $23,000 and Its Accounts