Cost of the asset$100,000
Life of the asset 5 years
Depreciation rate20%
Capital cost allowance rate 50%
Residual value of the asset nil
Income tax rate 50%
-What is one of the adjustments required to calculate a company's cash flow?
A) adding accumulated depreciation to profit for the year
B) adding depreciation to profit for the year
C) adding depreciation to profit before taxes
D) adding profit from operations to interest income
Correct Answer:
Verified
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