Why is depreciation expense added back to net income to get a rough estimate of

Anonymous
timer Asked: Aug 19th, 2014
account_balance_wallet $5

Question Description

please help with these questions

Tutor Answer

mbitheh
School: Boston College

Depreciation expense is added back to net income because it is a non-cash transaction. this is because the net income is reduced, but there isn't any cash spent on depreciation

flag Report DMCA
Review

Anonymous
Top quality work from this guy! I'll be back!

Similar Questions
Related Tags

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors