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Homework answers / question archive / The following list contains activities that may be added or subtracted from operating profitwhen reconciling to cash flows from operating activities
The following list contains activities that may be added or subtracted from operating profitwhen reconciling to cash flows from operating activities. Indicate whether each activity is added, subtracted or irrelevant.
Decrease in accrued wages. Depreciation expense. Increase in interest payable. Proceeds from borrowings. Payment of long-term debt
Decrease in Accrued Wages | Subtracted |
Depreciation Expense | Added |
Increase in Interest Payable | Added |
Proceeds from Borrowings | Irrelevant, As it is a financing activity. |
Payment of Long-term Debt | Irrelevant, As it is a financing activity. |