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Author Question: You are on a team responsible for addressing cash flow problems with other managers in your ... (Read 5 times)

ksmithunr

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on: Feb 5, 2023
You are on a team responsible for addressing cash flow problems with other managers in your corporate division. Your accounting department has provided the statement of cash flows prepared using the indirect method. At your first meeting, some of the managers have expressed concerns about the statement's understandability and do not view the statement as anything other than a "rearranged income statement". The managers have requested that your team explain to them how the statement is constructed.

Required:

a.Explain to your managers why the indirect method is a useful approach to reporting
cash flows from operating activities.
b.Explain to your managers why increases in current assets are subtracted from net
income and increases in current liabilities are added to net income to calculate the cash flow provided by operating activities.
c.Explain to your managers any differences between the indirect method and the direct
method of preparing the investing and financing sections of the statement of cash flows.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by ksmithunr on Feb 5, 2023

dianagarcia

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ksmithunr

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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