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Q1. Depreciation is added to Net profit, though it is a noncash item because, a. To calculate Operating profit b. To prepare the correct profit

Q1. Depreciation is added to Net profit, though it is a noncash item because, a. To calculate Operating profit b. To prepare the correct profit of the company C. Since it is a noncash item, it should be avoided. d. None of the above are correct explanations.

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