Question: b. Why is it important to add back noncash items such as depreciation when calculating cash flows? (Select from the drop-down menu.) Items such as

b. Why is it important to add back noncash items such as depreciation when calculating cash flows? (Select from the drop-down menu.) Items such as depreciation are noncash items. Since it is not a real cash outflow, it needs to be added back to the cash flow as NOPAT and BIT............noncash items. A. Include B. Excluded

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