Question: Examine the cash flow statements provided by Stantec Inc. as shown in Exhibit 5.2. Stantec provides calculations of CFO using both the direct and indirect
Examine the cash flow statements provided by Stantec Inc. as shown in Exhibit 5.2. Stantec provides calculations of CFO using both the direct and indirect methods. How do the two cash flow statements differ? What information does each statement provide that the other doesn’t? Which do you think provides more useful information to stakeholders?
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The direct and indirect methods are different ways of getting to the same place x cash from operatio... View full answer
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