what is the answer for 8 and 9 please a) Georgia...
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what is the answer for 8 and 9 please
a) Georgia Corp uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Georgla Corp. Comparative Ralance Sheet December 31, 2019 and 2018 Increase/(Decrease) $18.000 3,000 2018 2019 $27,000 45,000 132,000 Cash Accounts Receivable Merchandise Inventory $45.000 48.000 48,000 180,000 $69.000 $273,000 $204,000 otal Assets How will the change in Accounts Receivable be shown on the statement of cash flows? A) negative cash flow under the investing activities section B) positive cash flow under the financing activities section C) addition to net income under the operating activities section D) subtraction from net income under the operating activities section 9) Utah Corp. uses the indirect method to prepare the statement of cash flows. Refer to the followin section of the comparative balance sheet: Utah Corp. Comparative Balance Sheet December 31, 2018 and 2017 2017 $27,000 Increase/(Decrease) $18,000 2018 $45.000 Cash 3,000 48,000 180,000 45,000 Accounts Receivable Merchandise Inventory Total Assets 48,000 132,000 $69,000 $204,000 $273,000 How will the change in Merchandise Inventory be shown on the statement of cash flows? A) positive cash flow under the financing activities section B) negative cash flow under the investing activities section subtraction from net income under the operating activities section D) addition to net income under the operating activities

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