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  3. in converting net income to net cash provided by o

In converting net income to net cash provided by operating activities, under the indirect method:...

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Accounting

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In converting net income to net cash provided by operating activities, under the indirect method: decreases in inventory and increases in accrued liabilities are added. decreases in accounts payable and decreases in inventory are deducted. increases in accounts receivable and increases in accrued liabilities are deducted. decreases in accounts receivable and increases in prepaid expenses are added

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