Jon Sports' inventory account increased from $25,000 on December 31, 2013, to $30,000 on December 31, 2014. Which one of the following items would be included in the operating section of its 2014 indirect method statement of cash flows? Add increase in inventory $5,000 Subtract increase in inventory ($5,000) Add inventory balance $20,000
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Explanation:
25000+5000
=30000
=30000-5000
=25000
=25000+20000
=45000
$45000
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