Statement of Cash Flows In recent years, several manufacturing companies have reported the cash flow from the
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Statement of Cash Flows In recent years, several manufacturing companies have reported the cash flow from the sale of Treasury securities in the cash from operations section of the statement of cash flows. What is the problem ‘with this practice? Is there any situation in which this practice would be acceptable?
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Reporting the sale of Treasury securities as cash flow from operations is an accountin...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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