Question: ( CH 9 - 1 2 ) - Part 1 ( i Saved When using the indirect method to calculate and report the net cash

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9 - 12) -

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When using the indirect method to calculate and report the net cash provided or used by operating activities, net income is adjusted for all but which of the following?

Multiple Choice

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13

38

Gains and losses from nonoperating items.

Revenues and expenses that did not provide or use cash.

Changes in noncurrent assets and noncurrent liabilities.

Changes in current liabilities related to operating activities.

Depreciation and amortization expense.

( CH 9 - 1 2 ) - Part 1 ( i Saved When using the

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