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Why is a schedule of cash flows necessary

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Question: 1. What three categories are shown in the Indirect Method schedule? Are they same in the Direct Method?

2. What is the difference between the Direct Method and the Indirect Method of Cash Flows?

3. Why is a schedule of cash flows necessary, or is it not necessary?

4. In the Indirect Method where are dividends received and interest received shown?

Reference no: EM132745589

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