Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the income statement in exhibit 1.27 shows depreci

The income statement in exhibit 1.27 shows depreciation and amortization expense as: ...

90.2K

Verified Solution

Question

Accounting

The income statement in exhibit 1.27 shows depreciation and amortization expense as:
2012- $550.3 million
2011- $523.3 million
2010- $510.4 million
However yhe statement of cash flows shows addbacks for depreciation and amoritization as follows:
2012- $580.6 million
2011- $550 million
2010- $540.8 million
why is the amount on the income statement different from the amount on the statement of cash flows each year?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Database System Question An automobile part trading company would like to store the following attributes for each part...

Electrical Engineering
Q

In the last lab, we learned how an AC electromagnetic field can produce circulating eddy currents...

Physics
Q

A plane wall has thickness of 5 cm, thermal conductivity of 2 W/mK and generates heat....

Mechanical Engineering
Q

Place the following events in the correct sequence L MAAAAAA XXXXXXX MMXXXXXX wwwwwwww wwwwwww Drag...

Biology
Q

A hollow non conducting shell has a uniform charge density 2x It is found that...

Physics
Q

8 If f f x dx 2 and g x dx 3 find a f...

Calculus
Q

Por favor ayuda! Recupere el Formulario 10-K para American Eagle Outfitters para el ao...

Accounting
Q

Benchmarking against other companies enables a company to identify the lowest-cost producer. This amount should...

Accounting
Q

Blossom Company issued the following statement of cash flows for 2020. ...

Accounting
Q

Shown below is a trial balance for Novelty Toys, Inc., on December 31,after adjusting entries...

Accounting
Q

A company just starting business made the following purchases in August: August 1 August 12...

Accounting
Q

(Ignore income taxes in this problem.) A piece of equipment has a cost of $20,000....

Accounting