Question: What are the major differences between the cash-flow statement (direct method) and the statement of cash flows (indirect method according to Standards No. 95 of

What are the major differences between the cash-flow statement (direct method) and the statement of cash flows (indirect method according to Standards No. 95 of the Financial Accounting Standards Board)? Which is the most relevant to financial analysis?

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The FASB 95 method is a form of the indirect approach see Exhibit 47 That interest exp... View full answer

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