Why is depreciation expense added to net earnings on the statement of cash flows when using the

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Why is depreciation expense added to net earnings on the statement of cash flows when using the indirect method of reporting cash flow from operations?

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Financial Accounting

ISBN: 978-1259103285

5th Canadian edition

Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M

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Question Posted: Aug 04, 2015 04:13 AM

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Why is depreciation expense added to net earnings on the statement of cash flows when using the

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Depreciation expense is a noncash expense When depreciati...View the full answer

Financial Accounting

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