a.
Concept Introduction:
The statement of cash flows is one of the financial statements. This statement is prepared at the end of a particular period to know the cash flows of the business. The statement is prepared using the direct or indirect method.
To identify:the method used by company to compute net cash provided by operating activities.
b.
Concept Introduction:
The statement of cash flows is one of the financial statements. This statement is prepared at the end of a particular period to know the cash flows of the business. The statement is prepared using the direct or indirect method.
To indicatethe reason of adding the decrease in accounts receivable while computing the net cash provided by operating activities.
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