In Computing Net Cash Provided by Operating Activities, Each of the Following

question 41

Multiple Choice

In computing net cash provided by operating activities, each of the following is added to net income EXCCEPT:

• A) an increase in accrued expenses payable.
• B) a gain on sale of equipment.
• C) depreciation expense.
• D) a decrease in inventory.

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Definitions:

Monopolize

The action or condition where a single company or entity gains exclusive control over a market, commodity, or service, often hindering competition.

Restraint of Trade

Practices that reduce competition or restrict trade, often illegal under antitrust laws designed to promote fair competition for the benefit of consumers.

Clayton Act

A U.S. antitrust law aimed at increasing economic competition and preventing anti-competitive practices in their incipiency.

Interlocking Directorates

The practice where members of the board of directors of one company serve on the boards of one or more other companies.