Concept introduction:
Cash Flow statement:
The Cash flow statement shows the movement of cash during a particular period. The
- Cash flows from operating activities
- Cash Flows from investing activities
- Cash flows from financing activities
(Note: Cash flows from operating activities can be prepared using direct or indirect method)
Requirement 1:
To indicate:
The method of Cash flow used by Apple Inc.
Concept introduction:
Cash Flow statement:
The Cash flow statement shows the movement of cash during a particular period. The Cash flows are categorized into three categories as follows:
- Cash flows from operating activities
- Cash Flows from investing activities
- Cash flows from financing activities
(Note: Cash flows from operating activities can be prepared using direct or indirect method)
Requirement 2:
To indicate:
The reason for subtraction of increase in accounts receivable from cash flow from operating activities.
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MANAGERIAL ACCOUNTING FUND. W/CONNECT
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