Noncash charges that are added back to net in- come in determining cash provided by opera- tions
Question:
Noncash charges that are added back to net in- come in determining cash provided by opera- tions under the indirect method do not include:
(a) depreciation expense.
(b) an increase in inventory.
(c) amortization expense.
(d) loss on sale of equipment.AppendixLO1
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Financial Accounting Tools For Business Decision Making
ISBN: 9780471691952
3rd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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