Answer:
Explanation: Under the indirect method of cash flow statement, we have the Operating section, which has the following deductions to get the value of cash used by operating activities.
The include:
1. Increase in Accounts receivable
2. Increase in Interest receivable
3. Increase in Inventory
4. Increase in prepaid expenses
5. Gain on sale of Investment
6. Decrease in accrued liabilities
7. Decrease in accounts payable
All the above listed points are deducted from the net cash flow under the operating section to arrive at the cash provided by.
