Refer to Krispy Kremes statement of cash flows in Appendix A. (a) Which method is used to
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Refer to Krispy Kreme’s statement of cash flows in Appendix A.
(a) Which method is used to compute its net cash provided by operating activities? (b)
While its balance sheet shows an increase in receivables from fiscal years 2002 to 2003, why is this increase in receivables subtracted when computing net cash provided by operating activities for fiscal year 2003?
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