Which of the following current assets is included in the adjustment of net income to obtain cash

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Which of the following current assets is included in the adjustment of net income to obtain cash flow from operating activities?

(a) Accounts receivable

(b) laventory

(c) Prepaid expenses

(d) All of the above.

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Understanding Financial Statements

ISBN: 9780131878563

8th Edition

Authors: Lyn M Fraser, Aileen Ormiston

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