Unformatted text preview: Cash Flow from Operating Activities Two approaches may be used: - Direct method: - Indirect method: — Subtracts operating cash — Adjusts accrual—based net
disbursements from income from the income
operating cash collections statement to reﬂect only — ls preferred by the FASB cash receipts and disbursements
— ls used by most US. companies ...
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- Fall '07
- Financial Accounting