Question
Why does the firm account for the changes in balances in operating accounts (e.g., accounts receivable, inventory, and accounts payable) in determining operating cash flows
Why does the firm account for the changes in balances in operating accounts (e.g., accounts receivable, inventory, and accounts payable) in determining operating cash flows as net of acquisitions and divestitures?
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
