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Which of the following is NOT a reason why cash flow may not equal net income? Depreciation is deducted when calculating net income. Amortization is
Which of the following is NOT a reason why cash flow may not equal net income?
Depreciation is deducted when calculating net income. | ||
Amortization is added in when calculating net income. | ||
Capital expenditures are not recorded on the income statement. | ||
Changes in inventory will change cash flows but not income. |
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