Business, 07.05.2021 08:40 mary9590

Excel Tractors Inc.'s opening inventory was $50,000 and the inventory at the end of the year was $65,000. How will this information affect the cash flow statement (indirect method)? А. difference of $15,000 will be deducted from net income

B. difference of $15,000 will be added to net income

C. opening inventory of
$50,000 will be added to net income

D. closing inventory of $65,000 will be deducted from net income

E. closing inventory of $65,000 will be added to net income

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Excel Tractors Inc.'s opening inventory was $50,000 and the inventory at the end of the year was $65...