Question: When using the indirect method, depreciation expense: A.Is subtracted from net income to arrive at cash flow from operations. B. Does not effect net income.
When using the indirect method, depreciation expense:
A.Is subtracted from net income to arrive at cash flow from operations.
B. Does not effect net income.
C. Is not added or subtracted to net income to arrive at cash flow from operations.
D. Is added to net income to arrive at cash flow from operations.
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