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State whether a firm would add or subtract the following items from income to compute cash flows from operations under the indirect method. Items Added
State whether a firm would add or subtract the following items from income to compute cash flows from operations under the indirect method. Items Added or Subtracted Added Subtracted Subtracted Increase in prepaid expense Decrease in income taxes payable Decrease in accounts receivable Increase in inventory Decrease in the current portion of long-term debt Increase in accounts payable Subtracted Added Added
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