All of the following adjustments are added to net income in computing net cash provided by operating activities except
A)amortization expense.
B)a decrease in accounts receivable.
C)an increase in accounts payable.
D)an increase in prepaid expenses.

Question

Quizplus · Accepted Answer

An increase in prepaid expenses is subtracted from net income when computing net cash provided by operating activities, as it represents a cash outflow.

All of the Following Adjustments Are Added to Net Income