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Question

In this method the net cash flows from operations are determined by the difference between cash receipts and cash disbursements.

Answer
Direct Method

Question

In this method the net cash flows from operations are determined by the difference between cash receipts and cash disbursements.

Answer
?

Question

In this method the net cash flows from operations are determined by the difference between cash receipts and cash disbursements.

Answer
Direct Method
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Subject 2. Preparing the Cash Flow Statement
3; Under the direct method, the statement of cash flows reports net cash flows from operations as major classes of operating cash receipts and cash disbursements. This method converts each item on the income statement to its cash equivalent. <span>The net cash flows from operations are determined by the difference between cash receipts and cash disbursements. Assume that Bismark Company has the following balance sheet and income statement information: Additional

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