Why are changes in inventory balances not shown in the statement of cash flows when the direct

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Why are changes in inventory balances not shown in the statement of cash flows when the direct method is used in presenting the cash flows from operating activities?

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Advanced Financial Accounting

ISBN: 978-0078110924

9th edition

Authors: Richard Baker, Theodore Christensen, David Cottrell

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Question Posted: Mar 01, 2018 03:59 AM

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Why are changes in inventory balances not shown in the statement of cash flows when the direct

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Advanced Financial Accounting

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