Question
1.Is negative cash from operating activities a negative indicator for a company? Why or why not? What about negative cash from investing activities? 2.Why does
1.Is negative cash from operating activities a negative indicator for a company? Why or why not? What about negative cash from investing activities?
2.Why does the statement of cash flow begin with income items that contain both cash and non-cash items in the operating activity section of the company?Please indicate whether the operating activities of the cash flow are on the direct method or the indirect method. Please provide a rationale for your statement.
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
