Question: When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted from net income

When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted from net income to compute cash provided by/used by operating activities?

Select one:

a. Decrease in accounts receivable. b. Gain on sale of land. c. Amortization of interest. d. All of these are deducted from net income to arrive at cash flow from operating activities.

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