Items that are added back to net income in determining net cash provided by operating activities under

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Items that are added back to net income in determining net cash provided by operating activities under the indirect method do not include:

A. depreciation expense.

B. an increase in inventory.

C. amortization expense.

D. loss on disposal of equipment

Related Book For answer-question

Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Posted Date: Aug 31, 2020 06:00 AM

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Items that are added back to net income in determining net cash provided by operating activities under

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Correct Answer Option b an increase in inventory Explanation Item ... View the full answer

Using Financial Accounting Information The Alternative to Debits and Credits

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