Under the indirect method, do firms subtract bond discount amortization from net income to determine operating cash

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Under the indirect method, do firms subtract bond discount amortization from net income to determine operating cash flows? Explain.

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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Jul 19, 2016 05:53 AM

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Under the indirect method, do firms subtract bond discount amortization from net income to determine operating cash

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Bond discount amortization is added to net income to determine ...View the full answer

Intermediate Accounting

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