Why are depreciation and amortization added back to net income
Why are depreciation and amortization added back to net income when calculating CFO using the indirect method? How much did High Liner expense for depreciation and amortization in 2011? What would High Liner's net income have been if its depreciation and amortization expense for 2011 was $11,000,000? What would have been its CFO? Explain your results.

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help