Depreciation is added back to net income in the statement of cash flows because it is: A.

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Depreciation is added back to net income in the statement of cash flows because it is:

A. a cash flow.

B. not taxable.

C. a noncash expense that was deducted to arrive at net income.

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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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Question Posted: Apr 25, 2024 03:32 AM

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Depreciation is added back to net income in the statement of cash flows because it is: A.

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Analysis Of Financial Statements

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