The FASB permits a company to use the direct method or the indirect method for the statement of cash flows.
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Q35: The "worksheet approach" to preparing a statement
Q36: Under the indirect method,depreciation,increase in inventories,and "non-operating"
Q37: Large cash flows from operations are more
Q38: If accounts receivable increased during the year,deducting
Q39: A net decrease in accounts payable to
Q41: In a statement of cash flows,the term
Q42: [The following information applies to the questions
Q43: In the statement of cash flows,the purchase
Q44: Which of the following indicates a cash
Q45: [The following information applies to the questions
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