Answer to Question #229536 in Economics for Millicent

Question

Which of the following is the adjustment that is added during the reconciliation of net income to operating cash flows in indirect method?

Select one:

a. Gain on sale of capital assets

b. Amortization Expense

c. An increase in Accounts Receivable

d. An increase in Prepaid Expenses

Answer 1

b. Amortization Expense