An investors newsletter had the following item: The company expects increased cash flow in 2011 because depreciation

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An investor’s newsletter had the following item: “The company expects increased cash flow in 2011 because depreciation charges will be substantially greater than they were in 2010.” Comment.

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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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