Explain why depreciation expense and amortization expense are added back to net income in the determination of

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Explain why depreciation expense and amortization expense are added back to net income in the determination of cash flows from operations when the indirect format is used.

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Question Posted: Jun 22, 2012 01:11 AM

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Explain why depreciation expense and amortization expense are added back to net income in the determination of

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The indirect format is a reconciliation of revenues and expenses meas...View the full answer

Financial Accounting Information For Decisions

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