Explain why depreciation expense, depletion expense, and amortization expense are added to net income in...
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Accounting
Explain why depreciation expense, depletion expense, and amortization expense are added to net income in the operating activities section of the statement of cash flows when using the indirect method.
If a company experienced a loss on disposal of long-term assets, how would this be reported in the operating activities section of the statement of cash flows when using the indirect method? Why? In paragraph form.
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