Which of the following is not added to net income when computing cash flows from operations under

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Which of the following is not added to net income when computing cash flows from operations under the indirect method?
a. The net increase in accounts payable.
b. The net decrease in accounts receivable.
c. Depreciation expense reported on the income statement.
d. All of the above are added to net income.

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Financial Accounting

ISBN: 9781264229734

11th Edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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