Explain why depreciation is added to profit from operations when calculating cash flows.
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Explain why depreciation is added to profit from operations when calculating cash flows.
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Depreciation is added back to profit from operations when calculating cash flows because depreciation is a noncash expense In the context of the state...View the full answer
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Cambridge International AS And A Level Accounting
ISBN: 9781444181432
1st Edition
Authors: Ian Harrison
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