Why don't we calculate the total difference in the equity accounts between the beginning and end of

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Why don't we calculate the total difference in the equity accounts between the beginning and end of the year and consider that difference as a source or use of cash? Why do we similarly exclude the cash account?

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Practical Financial Management

ISBN: 978-1133593683

7th edition

Authors: William R. Lasher

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Question Posted: May 14, 2015 11:07 AM

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Why don't we calculate the total difference in the equity accounts between the beginning and end of

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Changes in the equity accounts come from three sources net income dividends and the sale of new ...View the full answer

Practical Financial Management

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