All of the following adjustments would be deducted in determining net cash provided by operating activities except a(n)
A)increase in inventories.
B)depreciation expense.
C)gain on disposal of plant assets.
D)decrease in accrued expenses payable.

Question

Quizplus · Accepted Answer

Depreciation expense is added back to net income in the operating activities section of the cash flow statement, not deducted.

All of the Following Adjustments Would Be Deducted in Determining