Which of the Following Adjustments to Convert Net Income to Net

question 109

Short Answer

Which of the following adjustments to convert net income to net cash provided by operating activities is correct? $$\begin{array} { l c c } & \text { Add to Net Income } & \text { Deduct from Net Income } \\\text { a. Accounts Receivable } & \text { increase } & \text { decrease } \\\text { b. Prepaid Expenses } & \text { increase } & \text { decrease } \\\text { c. Inventory } & \text { decrease } & \text { increase } \\\text { d. Taxes Payable } & \text { decrease } & \text { increase }\end{array}$$

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Definitions:

Blinking

The rapid closing and opening of the eyelid, a reflex that helps to protect the eye from irritants and distribute tear fluid.

Conditioned Stimulus

An initially neutral signal that, upon being linked with an unconditioned stimulus, ultimately incites a learned response.

Clicking

In the context of computer usage, it refers to pressing and releasing a button on a mouse or other input device to select or interact with elements on a screen.

Unconditioned Stimulus

A stimulus that naturally triggers a response without prior learning.