Question: When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is added to net income
When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is added to net income to compute cash provided by/used by operating activities?
Group of answer choices:
A. Amortization of patent
B. Increase in accounts receivable
C. All of these are added to net income to arrive at cash flow from operating activities.
D. Gain on sale of land
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