Changes in current assets and current liabilities are used, Finance Basics

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Changes in current assets and current liabilities are used

Question: 1. Identify and briefly describe the three categories of cash flows reported in the statement of cash flows.

2. Changes in current assets and current liabilities are used in determining net cash flows from operating activities. Changes in which balance sheet accounts are used in determining net cash flows from investing activities? Changes in which balance sheet accounts are used in determining net cash flows from financing activities?

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Finance Basics: Changes in current assets and current liabilities are used

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