Solution-Indicate whether each of the above items

Indicate whether each of the above items

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Reference no: EM13956966

Each of the following events/amounts is independent of all others.

1. Decrease in inventory.
2. Loss on sale of an asset.
3. Amortization of a patent
4. Increase in wages payable.
5. Increase in accounts receivable.
6. Increase in accounts payable.
7. Depreciation expense.
8. Decrease in prepaid rent.
9. Bad debt expense.

Required:

Indicate whether each of the above items will be added to or deducted from net income to arrive at net cash provided by operating activities.

Reference no: EM13956966

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Indicate whether each of the above items

Reference no: EM13956966

Reference no: EM13956966

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