When using the indirect method to determine cash flows from operating activities, an increase in prepaid expenses should be reported as:

a. Not reported.
b. A deduction from net income in determining cash flows from operating activities.
c. An investing ectivity.
d. An addition to the net income in determining cash flows from operating activities.

b. A deduction from net income in determining cash flows from operating activities.

Explanation:

An increase in prepaid expenses is deducted from Net Income. The reason behind it very simple and no rocket science is there. Lets take Insurance as a prepaid expense. You Paid in-advance for Insurance, it increase your current asset that is Prepaid Insurance BUT at the same time cash went out of the Business.

I hope I made it clear to you. If you still have any queries, feel free to ask me.

Thanks!

the earnings of a typical investor is around $1,000,000 to $10,000,000

hope this !

have a good day!

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )