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    Exam 3: Financial Statement Analysis and Long-Term Planning
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    Note That We Added Depreciation Back to Operating Cash Flow
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Note That We Added Depreciation Back to Operating Cash Flow

Question 64

Question 64

Essay

Note that we added depreciation back to operating cash flow and to additions to non-current assets.Why add it back twice?
Isn't this double-counting?

Correct Answer:

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In both cases,depreciation is added back...

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