Which of the Following Adjustments to Convert Net Income to Net

question 17

Multiple Choice

Which of the following adjustments to convert net income to net cash provided by operating activities is correct? $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Add to Net Income $\quad$ Deduct from Net Income

• A) \(\quad \)Accounts Receivable \(\quad \) \(\quad \) increase \(\quad \)\(\quad \) decrease
• B) \(\quad \) Prepaid Expenses \(\quad \) \(\quad \) increase \(\quad \)\(\quad \) \(\quad \) decrease
• C) \(\quad \) Inventory \(\quad \) \(\quad \) \(\quad \) \(\quad \) decrease\(\quad \) \(\quad \) \(\quad \) increase
• D) \(\quad \) Taxes Payable \(\quad \) \(\quad \) \(\quad \) decrease \(\quad \) \(\quad \) \(\quad \) increase

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