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Unformatted text preview: Follow the exhibit chart o Direct method: Take every single line item (sales, CGS, operating expense, depreciation [leave out], etc.) Convert from accrual to cash *Depreciation: Put in other expenses first, Then subtract it out Sometimes depreciation is recorded as separate expense so just ignore it o Put all this in good form o Common size: Most useful for seeing exactly where $ is coming from Operations just goes straight in as line item Makes inflows and outflows ratios...
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This note was uploaded on 06/10/2011 for the course BUSI 407 taught by Professor Bowen during the Spring '11 term at UNC.
- Spring '11