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rajbir rajbir
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6 years ago
Which of the following adjustments to net income is correct when using the indirect method for computing cash flows from operating activities?
A) Subtract losses from sales of securities.
B) Add an increase in accounts receivable.
C) Subtract gains from sales of equipment.
D) Deduct an increase in accounts payable.
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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