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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