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QUESTION 31 A major advantage of the UCA model over a traditional statement of cash flows is that the UCA model ________. better isolates the
QUESTION 31
A major advantage of the UCA model over a traditional statement of cash flows is that the UCA model ________.
better isolates the annual capital expenditures | ||
more clearly shows the cash flow effects of changes in the owners investment in the business | ||
provides more information about the cash flow impact of sales, gross margin, and operating expenses | ||
adjusts net income for both interest expense and depreciation |
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