1. Why is it necessary to analyze both inventory and accounts payable in trying to determine cash payments to suppliers when the direct method is used? 2. A company has a very profi table year. What...

1. Why is it necessary to analyze both inventory and accounts payable in trying to determine cash payments to suppliers when the direct method is used?

2. A company has a very profi table year. What explanations might there be for a decrease in cash?

May 26, 2022