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Operating Activities: Indirect Method
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Problem 8
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Problem 10
Operating Activities: Indirect Method
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13. Statement of Cash Flows / Operating Activities: Indirect Method / Problem 8
Problem 8
If a company reports a depreciation expense of \$10,000, how should this be adjusted in the indirect method calculation of operating cash flows?
A
Subtract \$10,000 from net income
B
Ignore the depreciation expense
C
Add \$10,000 to net income
D
Multiply net income by \$10,000
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