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  • 17-08-2020
  • Business
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To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is done by

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Zviko
Zviko Zviko
  • 19-08-2020

Answer:

Indirect method

Explanation:

The indirect method reconciles the Operating income to the Operating cash flow by adjusting the Operating Income by (1) Non-cash items previously added or deducted from Operating Income and (2) adjusting for changes in working capital items.

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