Olsen Company prepares its statement of cash flows using the indirect method. Indicate whether the...
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Accounting
Olsen Company prepares its statement of cash flows using the indirect method. Indicate whether the item would be added to net income (increase), deducted from net income (decrease), or has no effect on net income to determine net cash flows from operating activities. Depreciation expense, which is included on the income statement.
None of the options listed
All of the options listed
Decrease
Increase
No effect
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