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Accountants have the option to prepare the Statement of Cash Flows using either the direct or the indirect method. The only difference between the two
Accountants have the option to prepare the Statement of Cash Flows using either the direct or the indirect method. The only difference between the two methods is presentation of the operating activities section in the statement of cash flows. Briefly describe how the two methods differ yet arrive at the same dollar amount for net cash provided by operating activities and which do you believe is the more informative method.
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