A cash flow statement prepared using the indirect method will usually show the amounts of cash a company received from customers, paid to suppliers, and paid to employees.

Question

Quizplus · Accepted Answer

The indirect method starts with net income and adjusts for non-cash transactions and changes in working capital, rather than detailing specific cash receipts and payments like those to/from customers, suppliers, and employees.

A Cash Flow Statement Prepared Using the Indirect Method Will