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mrsbmarie mrsbmarie
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5 years ago
Which of the following adjustments to net income is incorrect when using the indirect method for computing cash flows from operating activities?
A) Deduct depreciation expense from net income.
B) Add a decrease in inventory to net income.
C) Deduct an increase in prepaid expenses from net income.
D) Add an increase in accounts payable to net income.
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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atree1157atree1157
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Posts: 231
5 years ago
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mrsbmarie Author
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5 years ago
You are really a genius. Thanks
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5 years ago
NP
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