Statement of cash flows - Preparation
4 important questions on Statement of cash flows - Preparation
Why would an increase in accounts receivable, or inventory, be expressed as a subtraction from net income on a statement of cash flows
Why is accrued interest decreased from net income in the statement? Why is depreciation added?
How would the proceeds from selling an asset (physical or financial) be figured?
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Why are interest payments and receipts included in the operating income section of the statement of cash flows?
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