Which of the following items would not be included in the calculation of cash flows provided by operating activities using the indirect method?
A)An increase in accounts receivable
B)An increase in salaries payable
C)Receipt of cash dividends
D)Repayment of debt

Question

Quizplus · Accepted Answer

Repayment of debt would be included in the calculation of cash flows provided by financing activities, not operating activities. A, B, and C are all items that would be included in the calculation of cash flows provided by operating activities using the indirect method.

Which of the Following Items Would Not Be Included in the Calculation