Multiple Choice
Which of the following is not added to net income as an adjustment to reconcile net income to cash from operating activities on the statement of cash flows?
A) Increase in an accrued liability
B) Amortization of discount on bond payable
C) Loss on sale of operational asset
D) Increase in deferred tax asset
E) None of these answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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