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GENERAL INSTRUCTION: Answer as required. Wi . one - whole sheet of papel. In addition, the following information related to net changes in working capital
GENERAL INSTRUCTION: Answer as required. Wi
onewhole sheet of papel.
In addition, the following information related to net changes in working
capital is presented:
The company also indicates that depreciation expense for the year was
P and that the deferred iax liability account increased P
Requirements: Prepare a schedule computing the net cash flow from
operating activities that would be shown on a statement of cash flows:
a using the indirect method
b using the direct method.
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