Question
Which of these causes a difference between the profit in the income statement and the net cash increase in the statement of cash flows? Depreciation.
Which of these causes a difference between the profit in the income statement and the net cash increase in the statement of cash flows?
| Depreciation. | ||
| Prepaid insurance. | ||
| Credit purchases not yet paid. | ||
| All of the above |
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Accounting Information And Equity Valuation Theory, Evidence, And Applications
Authors: Guochang Zhang
1st Edition
1461481597, 9781461481591
