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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Cornerstones of Managerial Accounting

ISBN: 978-0324660135

3rd Edition

Authors: Mowen, Hansen, Heitger

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Question Posted: Feb 03, 2012 07:07 AM

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In computing the periods net operating cash flows, why are increases in current liabilities and decreases in

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An increase in current liabilities means that payments to cred...View the full answer

Cornerstones of Managerial Accounting

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