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There are two ways of determining net cash flow from operations: the direct and indirect methods. A hospitality firm that uses the direct method recently
There are two ways of determining net cash flow from operations: the direct and indirect methods. A hospitality firm that uses the direct method recently hired you. However, you believe the company should use the indirect method. Develop arguments you would use to convince your manager to switch from using the direct method to the indirect method of determining cash flow. Include in your discussion a comparison of the two methods to support your recommendation.
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