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Chapter - Cash Flows 1. Explain the difference between the Direct Method and the Indirect Method. 2. What is the concept of Free Cash Flow?

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Chapter - Cash Flows 1. Explain the difference between the Direct Method and the Indirect Method. 2. What is the concept of Free Cash Flow? 3. How would an entry showing a loss on the sale of a piece of equipment be shown on the Cash Flow Statement? Show the entry below any explanation

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