Noncash charges that are added back to net in- come in determining cash provided by opera- tions

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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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