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What Adjustments Are Made to Calculate Cash Flow from Operating

Question 12

Multiple Choice

What adjustments are made to calculate cash flow from operating activities?


A) Depreciation is deducted from net profit for the year.
B) Income tax expense is added back to net profit for the year.
C) Depreciation is added back to net profit for the year.
D) Dividends are deducted from retained earnings.

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