Question: E12-18 (Static) Comparing the Direct and Indirect Methods [LO 12-2, LO 12-6] To compare statement of cash flows reporting under the direct and indirect methods,

E12-18 (Static) Comparing the Direct and Indirect Methods [LO 12-2, LO 12-6] To compare statement of cash flows reporting under the direct and indirect methods, indicate which line items are reported on the statement of cash flows with each method. Cash Flows (and Related Changes) 1. Net income 2. Receipts from customers 3. Accounts receivable increase or decrease 4. Payments to suppliers 5. Inventory increase or decrease 6. Accounts payable increase or decrease 7. Payments to employees 8. Salaries and wages payable, increase or decrease 9. Depreciation expense 10. Cash flows from operating activities 11. Cash flows from investing activities 12. Cash flows from financing activities 13. Net increase or decrease in cash during the period Statement of Cash Flows Method

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