Question
On a common-size income statement, depreciation will be: omitted since it is a non-cash expense. added back to convert net income to cash flows. expressed
On a common-size income statement, depreciation will be:
omitted since it is a non-cash expense.
added back to convert net income to cash flows.
expressed as a percentage of total assets.
expressed as a percentage of sales.
expressed as a percentage of gross fixed assets.
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Multinational Business Finance
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
15th Global Edition
129227008X, 9781292270081
