In computing the periods net operating cash flows, why are increases in current liabilities and decreases in
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In computing the period’s net operating cash flows, why are increases in current liabilities and decreases in current assets added back to net income?
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An increase in current liabilities means that payments to cred...View the full answer
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John Kago
Am a processional practicing accountant with 5 years experience in practice, I also happens to have hands on experience in economic analysis and statistical research for 3 years. am well conversant with Accounting packages, sage, pastel, quick books, hansa world, etc, I have real work experience with Strata, and SPSS
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Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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