Which is not reported as an operating activity on a cash flow statement prepared using the indirect method?
A)Decreases in inventories
B)Proceeds from the sales of investments
C)Interest expense
D)Increases in Accounts Payable

Question

Quizplus · Accepted Answer

Proceeds from the sales of investments are reported as an investing activity, not an operating activity, on a cash flow statement prepared using the indirect method. Decreases in inventories, interest expense, and increases in Accounts Payable are all reported as operating activities.

Which Is Not Reported as an Operating Activity on a Cash