Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN: 9781285190907
Author: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher: Cengage Learning
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Question
Chapter 1, Problem 2OIC
To determine
State the reason behind adjustment of net income by adding the increase and deducting the decrease in accounts payable and other current liabilities in calculation of cash flow from operation.
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Financial Reporting, Financial Statement Analysis and Valuation
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