Items that are added back to net income in determining net cash provided by operating activities under

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Items that are added back to net income in determining net cash provided by operating activities under the indirect method do not include:

(a) depreciation expense.

(b) an increase in inventory.

(c) amortization expense.

(d) loss on disposal of equipment.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119316022

8th Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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