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Note That We Added Depreciation Back to Operating Cash Flow

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?


Definitions:

Performance

Execution or completion of duties or tasks as required or agreed upon in a contract.

Material Breach

A significant failure to perform a part of a contract that permits the other party to either demand performance or terminate the agreement.

Buyer's Obligations

The duties and responsibilities a buyer assumes in a transaction, such as paying the purchase price and complying with the terms of the agreement.

Contract

An agreement between two or more parties creating enforceable obligations.

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