Solved: Explain operating activities and investing activities, Accounting Standards

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Explain operating activities and investing activities

Response to the following:

Discuss the interrelationship of the cash flow statement to the other financial statements. In your discussion comment and explain operating activities, investing activities, and financing activities. What is the difference between an indirect and a direct cash flow statement? Which is GAAP?

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Accounting Standards: Explain operating activities and investing activities

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