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Which of the following statements is true when using the indirect method of preparing the Operating Activities category of the statement of cash flows? a.Inventory

Which of the following statements is true when using the indirect method of preparing the Operating Activities category of the statement of cash flows? a.Inventory increases are subtracted from net income.

b.Inventory decreases are subtracted from net income.

c.Inventory increases are added to net income.

d.None of these statements are true.

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