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What is the principal disadvantage of the direct method of reporting cash flows from operating activities? What are the major advantages of the indirect method
What is the principal disadvantage of the direct method of reporting cash flows from operating activities? What are the major advantages of the indirect method of reporting cash flows from operating activities? A corporation issued $2,000,000 of common stock in exchange for $2,000,000 of fixed assets. Where would this transaction be reported on the statement of cash flows
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