When using the indirect method to determine cash flows from operating activities, an increase in prepaid expenses should be reported as: not reported

it is an adjustment to net income.

Since the prepaid expenses increased during the year, the amount by which it increased should be deducted from operating cash flows

Explanation:

other adjustments to net income:

depreciation expense

changes in accounts receivable

changes in inventory level

changes in accounts payable

changes in other current liabilities, e.g. taxes payable

(75years ,i believe is the correct answer.good luck