Describe how to compute each of the cash inflows

Reference no: EM131342464

1. Describe how to compute each of the cash inflows and cash outflows from operating activities under the direct method.

2. Why is depreciation expense not generally reported on the statement of cash flows when using the direct method?

3. Why do companies often use a spreadsheet to prepare the statement of cash flows?

Reference no: EM131342464

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