What can be determined by converting net income from an accrual basis to a cash basis under either the direct or the indirect method?

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asked Nov 12, 2021 218k views

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Oleksandr Diudiun · Answer 1 · 2021-11-18T19:41:35+0000

Answer: The cash made available by operating activities

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The cash made available by operating activities can be determined by converting net income from an accrual basis to a cash basis under either the direct or the indirect method.

What can be determined by converting net income from an accrual basis to a cash basis under either the direct or the indirect method?

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