Virginia company uses the indirect method to prepare the statement of cash flows. refer to the following
section of the comparative balance sheet:
virginia company
comparative balance sheet
december 31, 2018 and 2017
2018 2017 increase/(decrease)
accounts payable $4,000 $6,000 $(2,000)
accrued liabilities 2,000 1,000 1,000
long-term notes payable 84,000 90,000 (6,000)
total liabilities $90,000 $97,000 $(7,000)
how will the change in accounts payable be shown on the statement of cash flows?
a) as a deduction from investing cash flows
b) as an addition to operating cash flows
c) as an addition to net income
d) as a deduction from net income

D) as a deduction from Net Income

Explanation:

When the company decrease the value of the accounts payable it means that the company pays its debts in less time than previous year.

In effect the company sees its net income decrease because needs the money to compensate the lower value on the Accounts Payable as a consequence of beeing paid in less time.

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the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported