Question: When operating cash flows are calculated using the indirect method, which of the following is the correct adjustment to convert net income into net cash

When operating cash flows are calculated using the indirect method, which of the following is the correct adjustment to convert net income into net cash from operating activities?

Multiple choice question.

Deduct from net income depreciation

Add back to net income increases in current assets

Deduct from net income increases in current liabilities

Deduct from net income increases in current assets

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