Items that are added back to net income in determining cash provided by operating activitites under the indirect method do NOT include
a. deprecriation expense
b. increase in inventory
c. amortization expense
d. loss on sale of equipment
Ans: b. increase in inventory
Business
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_____ represent every segment of global society and have many ways to restrict business, including boycotts, lawsuits, picket lines, media campaigns, and lobbying for more regulation.
Fill in the blank(s) with the appropriate word(s).
Business
A debt that is expected to be collected in less than 1 year is a __________________.
a. Demand deposit b. Cash equivalent c. Sort term debt d. Commercial paper
Business