For Each of the Following Items,relating to the Adjustments Made

question 107

Essay

For each of the following items,relating to the adjustments made to reconcile net income to net cash provided by operating activities section,state whether the adjustment is an increase or decrease to net income.
$$\begin{array} { | l | l | } \hline \text { Item } & \begin{array} { l } \text { Adjustment to Net Income on } \\\text { Statement of Cash Flows }\end{array} \\\hline \text { Losses on Disposal of Long-term Assets } & \\\hline \text { Decreases in Current Liabilities } & \\\hline \text { Amortization Expense } & \\\hline \text { Increases in Current Assets other than Cash } & \\\hline\end{array}$$

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Definitions:

Par Value

The face value of a bond or stock as stated by the issuing company.

Consolidated Inventories

Inventories of a consolidated entity that are reported as a combined total from all subsidiaries and the parent company.

Date of Acquisition

The specific date on which control of assets is transferred from the seller to the buyer, marking the point at which the buyer assumes ownership and accounting for the assets.

Common Stock

A type of equity security that represents ownership in a corporation, carrying voting rights and potential for dividends.