Your brother (tech-head) insists that depreciation is a source of cash. He cites the fact that depreciation
Question:
Your brother (tech-head) insists that depreciation is a source of cash. He cites the fact that depreciation is an 'add back' item on the reconciliation of net profit to cash flow from operations. Set him straight. Be gentle.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Accounting For Business Students
ISBN: 9781488616570
1st Edition
Authors: Peter Atrill, Eddie Mclaney, David Harvey
Question Posted: