When preparing a statement of cash flows using the indirect method, why is depreciation added back to net income within the operating activities section?
The indirect method begins with accrual-based net income, which includes a deduction for depreciation expense. However, depreciation expense does not represent a cash outflow and therefore must be added back to net income to cancel the deduction. As a result, depreciation expense will be omitted in the calculation of net cash flows from operating activities.
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Environmental sustainability involves both ________ and ________
A) promoting the long-term well-being of the earth; achieving a company's financial objectives B) promoting the long-term well-being of the earth; improving the rights of consumers C) improving the rights of consumers; adopting a policy of corporate social responsibility D) achieving a company's financial objectives; adopting a policy of corporate social responsibility E) achieving a company's financial objectives; improving the rights of consumers
To improve orientation, you need candid, comprehensive feedback from everyone involved in the program.
Answer the following statement true (T) or false (F)
In Pennsylvania, if an employee is fired on the basis of gender or race discrimination, then State law remedy is provided under the Pennsylvania:? A) ?Occupational Discrimination Act
B) ?Human Relations Act. C) ?Labor Relations Act. D) ?Gender and Race Discrimination Act.
Microsoft Excel software does not contain a feature that allows users to create charts
Indicate whether the statement is true or false