Under the indirect method, depreciation expense is added to profit to compute cash flows from operating activities.

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Under the indirect method, depreciation expense is added to profit to compute cash flows from operating activities. Does depreciation cause an inflow of cash?

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Financial Accounting

ISBN: 9780070001497

4th Canadian Edition

Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby

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