Indicate whether each of the following items would result in net ...

[genevieve1028]

Indicate whether each of the following items would result in net cash flow from operating activities being higher (H) or lower (L) than net income.
 
  a. Increase in inventory
  b. Increase in accounts payable
  c. Amortization expense
  d. Decrease in accrued liabilities
  e. Loss on sale of assets
   f. Decrease in accounts receivable
   g. Decrease in deferred tax assets
   h. Increase in deferred revenue
   i. Decrease in income taxes payable
   j. Decrease in prepaid expenses

Question 2

Payments for state taxes are submitted to the state agency involved.
  Indicate whether the statement is true or false

[yasmin]

Answer to Question 1

a. L f. H
b. H g. H
c. H h. H
d. L i. L
e. H j. H

Answer to Question 2

T

[genevieve1028]

Thank you

[yasmin]

No problemo