To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is done by

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Phlume · Answer 1 · 2021-07-07T16:00:18+0000

Answer:

Indirect method

Step-by-step explanation:

The indirect method reconciles the Operating income to the Operating cash flow by adjusting the Operating Income by (1) Non-cash items previously added or deducted from Operating Income and (2) adjusting for changes in working capital items.

To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is done by

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