Question: Adjustments to Net Income Consider the following independent events:
a. Loss on sale of an asset
b. Decrease in accounts receivable
c. Increase in prepaid insurance
d. Depreciation expense
e. Decrease in accounts payable
f. Uncollectible accounts expense
g. Increase in wages payable
h. Decrease in inventory
i. Amortization of an intangible asset
Required: Indicate whether each event will be added to or deducted from net income in order to compute cash flow from operations.