What is the greatest shortcoming of this approach

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Analysts often take a short cut in estimating a firm's cash from operations: they just add depreciation back to net income. What is the greatest shortcoming of this approach?

Reference no: EM13131053

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What is the greatest shortcoming of this approach : Analysts often take a short cut in estimating a firm's cash from operations: they just add depreciation back to net income. What is the greatest shortcoming of this approach?
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