Under the indirect method, depreciation expense is added to net income to report cash flows from operating

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Under the indirect method, depreciation expense is added to net income to report cash flows from operating activities. Does depreciation cause an inflow of cash?

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 10:16 AM

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Under the indirect method, depreciation expense is added to net income to report cash flows from operating

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Financial Accounting

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