Which of the Following Would Be Added to Net Income

question 41

Multiple Choice

Which of the following would be added to net income when determining cash flows from operating activities under the indirect method?

• A)A decrease in accounts payable.
• B)Patent amortization expense.
• C)An increase in prepaid insurance.
• D)A gain on the sale of a depreciable asset.

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Definitions:

Saying No

The act of refusing or declining a request or demand, often as a means of setting boundaries or prioritizing one's own needs and limitations.

Heparin

An anticoagulant medication used to prevent and treat blood clots by increasing the time it takes blood to clot.

Fibrinogen

A plasma protein produced by the liver, crucial for blood clotting, converted to fibrin in the clotting process.

Fibrin

A protein involved in blood clotting, forming a fibrous mesh that impedes the flow of blood.