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Identify five items that are adjustments to convert net income to net cash provided by operating activities under the indirect method. Increase/decrease in accounts receivable.
Identify five items that are adjustments to convert net income to net cash provided by operating activities under the indirect method.
Increase/decrease in accounts receivable. |
Increase/decrease in accounts payable. |
Payment of cash dividends. |
Purchase of equipment. |
Depreciation expense. |
Increase/decrease in inventory. |
Gain or loss on disposal of a noncurrent asset. |
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