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In converting net income to net cash provided (used) by operating activities, under the indirect method: a) decreases in accounts payable and decreases in inventory
In converting net income to net cash provided (used) by operating activities, under the indirect method:
a) decreases in accounts payable and decreases in inventory are deducted.
b) decreases in accounts receivable and increases in prepaid expenses are added.
c)increases in accounts receivable and increases in accrued liabilities are deducted.
d) decreases in inventory and increases in accrued liabilities are added.
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