(Learning Objective 3: Computing cash fl ows from operating activitiesindirect method) The accounting records of Wilderness Fruit...

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(Learning Objective 3: Computing cash fl ows from operating activities—indirect method) The accounting records of Wilderness Fruit Traders include these accounts:

❙ Requirement 1. Compute Wilderness net cash provided by (used for) operating activities during May.

Use the indirect method. Does Wilderness have trouble collecting receivables or selling inventory? How can you tell?

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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