Operating cash flow is a concept that attempts to provide management and investors with a sense of the cash flow associated with operations of the firm.
First, describe the process to convert an accrual income statement to a calculate operating cash flow.
Second, does the operating cash flow represent actual cash flow? Why or why not?

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Converting Accrual Income Statement to Operating Cash Flow 1 Start with Net Income Begin with the net income from the accrual income statement 2 Adjus... View the full answer