Each of the following is added to net income in computing net cash provided by operating activities except.
A) amortization expense.
B) an increase in accrued expenses payable.
C) a gain on disposal of equipment.
D) a decrease in inventory.

Question

Quizplus · Accepted Answer

A gain on disposal of equipment is subtracted from net income when computing net cash provided by operating activities, as it is a non-operating gain.

Each of the Following Is Added to Net Income in Computing