Question: This method of presenting the cash flow is distinctive because it starts with the accrued net profit, which comes straight from the (accrual-based) P&L. To
This method of presenting the cash flow is distinctive because it starts with the accrued net profit, which comes straight from the (accrual-based) P&L. To this, we must then add back things that did not use cash (depreciation and amortization) and calculate the change in cash from the balance sheet accounts, AR and AP. a. Conventional method b. Direct method c. Unconventional method d. Indirect method
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