Why is depreciation expense added to profit on the statement of cash flows when using the indirect

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Why is depreciation expense added to profit on the statement of cash flows when using the indirect method of reporting cash flow from operations?

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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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Question Posted: Jun 14, 2024 01:02 AM

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Why is depreciation expense added to profit on the statement of cash flows when using the indirect

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Financial Accounting

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