Question

The method for presenting Net cash provided by operating activities that starts with net income and adjusts it for items that affected reported net income but that did not affect cash is called the?​

Answer 1

Answer:

Two methods are used to calculate cash flow from operating activities: indirect and direct, which both produce the same result. ... Indirect Method: This method starts with net income and converts it to OCF by adjusting for items that were used to calculate net income but did not affect cash.