chap007cashflowanalysis(财务报表分析-台湾中兴大学).pptVIP

Cash Flow Analysis Indirect Method -Net income is adjusted for non-cash income (expense) items and accruals to yield cash flow from operations Direct Method -Each income item is adjusted for its related accruals *Both methods yield identical results-only the presentation format differs. Net Income + Depreciation +/- Gains (losses) on sales of assets +/- Cash generated (used) by current assets liabilities Net cash flows from operating activities Sales - Expenses - Depreciation and amortization expense Net Income + Depreciation expense +/- Gains (losses) on s