Whether the given items are to be added or subtracted from income to compute the cash flows from operations under indirect method.

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Chapter 22, Problem 22.3BE

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Whether the given items are to be added or subtracted from income to compute the cash flows from operations under indirect method.

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Which of the following should be deducted from net incomein calculating net cash flow from operating activities using the indirect method? Group of answer choices a loss on sale of long-term investments a increase in accounts payable a increase in accounts receivable preferred dividends declared and paid

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