Question

Would the following be added back to net income in the reconciliation of net income and...

Would the following be added back to net income in the reconciliation of net income and cash flows from operating activities?

Select one:

a.

Excess of Treasury Stock Acquisition
Cost over Sales Proceeds		 Bond Discount
Amortization
Yes Yes

b.

Excess of Treasury Stock Acquisition
Cost over Sales Proceeds		 Bond Discount
Amortization
No No

c.

Excess of Treasury Stock Acquisition
Cost over Sales Proceeds		 Bond Discount
Amortization
No Yes

d.

Excess of Treasury Stock Acquisition
Cost over Sales Proceeds		 Bond Discount
Amortization
Yes No
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The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.

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