Indicate whether each of the following items would be added to or subtracted from net...
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Accounting
Indicate whether each of the following items would be added to or subtracted from net income to calculate net cash provided (used) by operating activities using the indirect method. If a transaction is not shown in the operating cash flows section of the statement of cash flows, indicate that it is not applicable. Assume the company follows ASPE (a) : Depreciation expense Increase in accounts receivable Decrease in inventory in the perpetual Inventory system Increase in accounts payable 0 Interest expense Subtracted tl Decrease in income tax payable Gain on disposal of equipment 0 Loss on sale of long-term investment Decrease in dividends payable 0) Added Impairment loss for goodwill Decrease in 60 day term deposit
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