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Depreciation is added back to net income in a statement of cash flows prepared using the indirect method because it: Multiple Choice O is a

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Depreciation is added back to net income in a statement of cash flows prepared using the indirect method because it: Multiple Choice O is a cash inflow. O is a valuation concept. O reduces income but not cash. is a revenue A company's depreciation expense is $15,000. Its beginning inventory balance is $134,000 and ending balance for the year is $145,000 respectively. What is the cash paid for depreciation: Multiple Choice O $11,000 $26.000 $15,000 $0 Multiple Choice are always positive unless the company is experiencing serious financial trouble. O includes all cash inflows and outflows associated with a company's lending activities. O includes all cash inflows and outflows between a company and its shareholders. O are always negative because the company pays dividends as well as interest and principal on debt

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