Tuesday 3 December 2019

Crater HVAC Systems is preparing its statement of cash flows ​(indirect​ method) for the year ended March​ 31, 2018. To​ follow, in no particular​ order, is a list of items that will be used in preparing the​ company's statement of cash flows.

Crater HVAC Systems is preparing its statement of cash flows ​(indirect​ method) for the year ended March​ 31, 2018. To​ follow, in no particular​ order, is a list of items that will be used in preparing the​ company's statement of cash flows. Identify each item as an operating activity addition to net​ income; an operating activity subtraction from net​ income; an investing​ activity; a financing​ activity; or an activity that is not used to prepare the cash flows statement.

Answer

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