Noncash charges that are added back to net in- come in determining cash provided by operations under

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Noncash charges that are added back to net in- come in determining cash provided by operations under the indirect method do not include:

(a) depreciation expense.

(b) an increase in inventory.

(c) amortization expense.

(d) loss on sale of equipment.

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Managerial Accounting Tools For Business Decision Making

ISBN: 9780471413653

2nd Canadian Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

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