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Which would be added to net income

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Reference no: EM132796902

Problem 1: Which of the following would be added to net income when computing cash flows from operating activities using the indirect method?

a. An increase in accounts receivable

b. A decrease in insurance payable

c. A gain on the sale of land

d. An increase in prepaid rent

e. Depreciation expense

Problem 2: Which of the following is an operating activity?

a. Paying dividends

b. Issuing common stock

c. Paying interest

d. Repurchase of common stock

e. Proceeds from long-term debt

Reference no: EM132796902

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