They have taken change in accounts payable as reflected by the figure "22". Instead we don't take notes payable in the calculation because we have to only consider operating non-cash assets and liabilities and since notes payable are considered to be financial in nature(which does not reflect operaRead more
They have taken change in accounts payable as reflected by the figure “22”. Instead we don’t take notes payable in the calculation because we have to only consider operating non-cash assets and liabilities and since notes payable are considered to be financial in nature(which does not reflect operating activity of a firm) and hence not to be included.
Equity l2
They have taken change in accounts payable as reflected by the figure "22". Instead we don't take notes payable in the calculation because we have to only consider operating non-cash assets and liabilities and since notes payable are considered to be financial in nature(which does not reflect operaRead more
They have taken change in accounts payable as reflected by the figure “22”. Instead we don’t take notes payable in the calculation because we have to only consider operating non-cash assets and liabilities and since notes payable are considered to be financial in nature(which does not reflect operating activity of a firm) and hence not to be included.
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