10. Items that are added back to net income in determining net cash provided by operating activities under the indirect method do not include: (a) depreciation expense. (b) an increase in inventory. (c) amortization expense. (d) loss on disposal of equipment.

10. Items that are added back to net income in determining net cash provided by operating activities under the indirect method do not include: (a) depreciation expense. (b) an increase in inventory. (c) amortization expense. (d) loss on disposal of equipment.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

10. Items that are added back to net income in determining net cash provided by operating
activities under the indirect method do not include:
(a) depreciation expense.
(b) an increase in inventory.
(c) amortization expense.
(d) loss on disposal of equipment.

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