a-company-reports-amortization-expense-of-3000-how-should-this-be-adjusted-in-th

Question

A company reports amortization expense of $3,000. How should this be adjusted in the indirect method calculation of operating cash flows?

Accepted Answer

Add $3,000 to net income

Answer

Ignore the amortization expense

Answer

Multiply net income by $3,000

Answer

Subtract $3,000 from net income

A company reports amortization expense of \$3,000. How should this be adjusted in the indirect method calculation of operating cash flows?