Question
Depreciation is added back when preparing the cash flow statement because: Depreciation doesnt change from period to period. Depreciation doesnt show on the balance sheet
Depreciation is added back when preparing the cash flow statement because:
Depreciation doesnt change from period to period.
Depreciation doesnt show on the balance sheet
Depreciation is a non-cash expense.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
