How is an increase in inventory included in the amounts reported as cash flows from operating activities

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How is an increase in inventory included in the amounts reported as cash flows from operating activities under
(a) The indirect method
(b) The direct method?

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Advanced Financial Accounting

ISBN: 978-0078025877

11th edition

Authors: Theodore E. Christensen, David M. Cottrell, Cassy JH Budd

Question Posted: Apr 13, 2017 10:39 AM

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How is an increase in inventory included in the amounts reported as cash flows from operating activities

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a When the indirect method is used the changes in inventor...View the full answer

Advanced Financial Accounting

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