Under the indirect method which of the following is not a, Ask an Expert

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Under the indirect? method, which of the following is NOT a proper adjustment to net income under operating? activities?

A. Subtracting an increase in salaries payable

B. Deducting an increase in prepaid expenses

C. Subtracting a gain on the sale of equipment

D. Adding a decrease in inventory

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92429785

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