Explain why a $50,000 increase in inventory during the year must be included in developing cash flows

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Explain why a $50,000 increase in inventory during the year must be included in developing cash flows for operating activities under both the direct and indirect methods.

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Financial Accounting

ISBN: 9780073208145

5th Edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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Question Posted: Jun 24, 2024 02:01 AM

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Explain why a $50,000 increase in inventory during the year must be included in developing cash flows

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Financial Accounting

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