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Under the indirect method, which of the following is NOT a proper adjustment to net income under operating activities? A. Subtracting an increase in salaries
Under the indirect method, which of the following is NOT a proper adjustment to net income under operating activities?
A. Subtracting an increase in salaries payable
B. Deducting an increase in prepaid expenses
C. Subtracting a gain on the sale of equipment
D. Adding a decrease in inventory
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