Several items to be considered in converting net income to the net cash flow from operating activities under the indirect method are listed below:

Required:
Fill in the blanks by using a plus sign (+) or a minus sign (-) to indicate whether each item should be added to or subtracted from net income to arrive at the net cash flow from operating activities.

Question

Several items to be considered in converting net income to the net cash flow from operating activities under the indirect method are listed below:

Required:
Fill in the blanks by using a plus sign (+) or a minus sign (-) to indicate whether each item should be added to or subtracted from net income to arrive at the net cash flow from operating activities.

Quizplus · Accepted Answer

The Answer of Several items to be considered in converting net income to the net cash flow from operating activities under the indirect method are listed below:

Required:
Fill in the blanks by using a plus sign (+) or a minus sign (-) to indicate whether each item should be added to or subtracted from net income to arrive at the net cash flow from operating activities.

Several Items to Be Considered in Converting Net Income to the Net