The indirect approach subtracts depreciation costs from net income before calculating operating cash flow.
The indirect approach subtracts depreciation costs from net income before calculating operating cash flow.
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter11: Cash Flow Estimation And Risk Analysis
Section: Chapter Questions
Problem 3MC
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The indirect approach subtracts
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