Analyze the adjustments for cash flow from operations


Response to the following problem:

The following are adjustments to net income to arrive at cash flow from operations from Kmart's 1997 Consolidated Statement of Cash Flows:

¦ Asset impairment charges

¦ Cash used for store restructuring and other charges

¦ Decrease in other long-term liabilities

¦ Cash used for discontinued operations

¦ Loss on disposal of discontinued operations Support the classification of these items as adjustments to arrive at cash flows from operations or suggest and support a reclassification to either the cash flows for investing or cash flows from financing.

 

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Financial Accounting: Analyze the adjustments for cash flow from operations
Reference No:- TGS02107940

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