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

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Items that are added back to net income in determining 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 sale of equipment.

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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Question Posted: Feb 15, 2024 09:00 AM

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

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Financial And Managerial Accounting

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