Indicate whether each of the following would be added to or deducted from net income in determining net cash flow from operating activities by the indirect method:
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a. Gain on retirement of long term debt |
h. Increase in notes receivable due in |
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b. Increase in merchandise inventory |
90 days from customers |
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c. Amortization of patent |
i. Decrease in accounts payable |
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d. Decrease in accounts receivable |
j. Loss on disposal of fixed assets |
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e. Depreciation of fixed assets |
k. Increase in notes payable due in |
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f. Decrease in prepaid expenses |
90 days to vendors |
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g. Decrease in salaries payable |
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