Items that are added back to net income in determining cash provided by operations under the indirect

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

(a) depreciation expense.

(b) an increase in inventory.

(c) amortization expense.

(d) loss on sale of equipment.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

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

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Question Posted: Jul 08, 2024 02:03 AM

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Items that are added back to net income in determining cash provided by operations under the indirect

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Financial Accounting Tools For Business Decision Making

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