Which of the following is true of the treatment of depreciation expense in preparing a...
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Accounting
Which of the following is true of the treatment of depreciation expense in preparing a statement of cash flows? a. It is deducted from investing cash flows as it involves an outlay of cash. b. It is added back to net income to produce operating cash flow. c. It is added back to net income to arrive at financing cash flows. d. It is shown as part of cash outflow for investing activities
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