In deriving the cash generated from operations, we add the depreciation expense for the period to the
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In deriving the cash generated from operations, we add the depreciation expense for the period to the profit before taxation. Does this mean that depreciation is a source of cash?
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No Depreciation is a not source of cash The periodic depreciation expense ...View the full answer
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Related Book For 
Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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