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When determining the cash flow from operations on the Cash Flow Statement, depreciation must be added back to net income as depreciation is a non
When determining the cash flow from operations on the Cash Flow Statement, depreciation
must be added back to net income as depreciation is a noncash item that has been
deducted from revenue in the calculation for net income.
True
False
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Financial Accounting Information For Decisions
Authors: Robert w Ingram, Thomas L Albright
6th Edition
9780324313413, 324672705, 324313411, 978-0324672701
