Explain why a $50,000 increase in inventory during the year must be included in computing cash flows

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Explain why a $50,000 increase in inventory during the year must be included in computing cash flows from operating activities under both the direct and indirect methods.

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Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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Question Posted: Feb 27, 2015 10:40 AM

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Explain why a $50,000 increase in inventory during the year must be included in computing cash flows

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