Which of the following statements are correct with regard to calculation of cash generated by operating activities,
Question:
Which of the following statements are correct with regard to calculation of cash generated by operating activities, when using the indirect method?
(a) Increase in the amount of interest remaining unpaid should be added
(b) Depreciation and amortisation of intangibles should be added
(c) Loss of asset disposal should not be deducted from operating profit
(d) Increase in inventory should be deducted
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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