Why is depreciation expense added to net income (indirect method) on the statement of cash flows?

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 09:30 AM

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Why is depreciation expense added to net income (indirect method) on the statement of cash flows?

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Depreciation expense is a noncash expense That is each pe...View the full answer

Financial Accounting

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