The following account changes were presented in a recent balance sheet for Fred Company ($ in millions).
Determine whether the amount of change would be added to (+) or subtracted from (‒) Fred's net income for the period when calculating cash flow from operations using the indirect method.

Question

The following account changes were presented in a recent balance sheet for Fred Company ($ in millions).
  Determine whether the amount of change would be added to (+) or subtracted from (‒) Fred's net income for the period when calculating cash flow from operations using the indirect method.

Quizplus · Accepted Answer

The Answer of The following account changes were presented in a recent balance sheet for Fred Company ($ in millions).
  Determine whether the amount of change would be added to (+) or subtracted from (‒) Fred's net income for the period when calculating cash flow from operations using the indirect method.

The Following Account Changes Were Presented in a Recent Balance