How is the amortization of patents reported in a statement of cash flows that is

Question

How is the amortization of patents reported in a statement of cash flows that is prepared using the indirect method?

A decrease in cash flows from investing activities.

An increase in cash flows from investing activities.

A deduction from net income in arriving at cash flows from operations.

An addition to net income in arriving at cash flows from operations.

A decrease in cash flows from investing activities.

An increase in cash flows from investing activities.

A deduction from net income in arriving at cash flows from operations.

An addition to net income in arriving at cash flows from operations.

Explanation / Answer

D. An addition to net income in arriving at cash flows from operations.

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