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When using the income statement to calculate cash flow, cash flow is equal to: net income plus depreciation times the tax rate. net income plus
When using the income statement to calculate cash flow, cash flow is equal to:
- net income plus depreciation times the tax rate.
- net income plus depreciation.
- net income.
- net income minus depreciation times the tax rate.
- net income minus depreciation.
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Financial Reporting Financial Statement Analysis and Valuation
Authors: Clyde P. Stickney
6th edition
324302959, 978-0324302967, 324302967, 978-0324302950
