>> Accounting Basics
1. A business executive once stated, "Depreciation is one of our biggest operating cash inflows." Do you agree? Explain.
2. If the Accounts Receivable balance increases during a period, how will this increase be recognized using the indirect method of computing the net cash provided by operating activities?
3. Would a sale of equipment for cash be considered a financing activity or an investing activity? Why?
4. What is the difference between net cash provided by operating activities and free cash flow?