Under the indirect method, which of the following would be added to net income when determining net cash flows from operations?
A) gain on the sale of a used truck
B) amortization expense
C) increase in inventory
D) decrease in accounts payable

Question

Quizplus · Accepted Answer

Amortization expense is a non-cash charge that is added back to net income in the indirect method to determine net cash flows from operating activities.

Under the Indirect Method, Which of the Following Would Be