Which of the following is an addition to net income when the indirect method is used to

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Which of the following is an addition to net income when the indirect method is used to prepare the statement of cash flows?

a. increase in inventory

b. decrease in accounts payable

c. loss on sale of equipment

d. None of the above are an addition to net income under the indirect method.

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Financial Accounting The Impact On Decision Makers

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Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Jun 10, 2024 01:13 AM

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Which of the following is an addition to net income when the indirect method is used to

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Financial Accounting The Impact On Decision Makers

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