Question
For cash flow development in a capital budgeting analysis, depreciation expense in the Pro-forma income statement should be A. Added back to operating expenses B.
For cash flow development in a capital budgeting analysis, depreciation expense in the Pro-forma income statement should be
A. Added back to operating expenses
B. Added back to net income
C. Retained as an expense in net income
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Creative Accounting, Fraud And International Accounting Scandals
Authors: Michael J. Jones
1st Edition
0470057653, 9780470057650
