(Learning Objective 6: Computing cash fl ows from operating activitiesdirect method) The accounting records of Princeton Pharmaceuticals,...

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(Learning Objective 6: Computing cash fl ows from operating activities—direct method) The accounting records of Princeton Pharmaceuticals, Inc., reveal the following

❙ Requirement 1. Compute cash fl ows from operating activities by the direct method. Also evaluate Princeton’s operating cash fl ow. Give the reason for your evaluation.

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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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