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Please let your classmates know about some of the advantages of reporting cash flows from operating...

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Accounting

Please let your classmates know about some of the advantages ofreporting cash flows from operating activities by the indirectmethod on the Statement of Cash Flows.

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Answer Cash flow means information about the changes in cash and cash equivalents of a business Cash flows classifying into operating investing and financing activities The cash flow puts the company in a good position to expand its business Cash flow prepare by the two method Direct method and indirect method Operating activities are that activities which the comprise of main activities of an accounting period Cash flow from operating activity by    See Answer
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