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Under the Indirect Method, the First Line in the Operating

question 175

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Under the indirect method, the first line in the operating activities section of the statement of cash flows is the net income or loss for the period.

Grasp the principles of discounted cash flow (DCF) and their use in investment decisions.
Understand the concept of net present value (NPV) and profitability index as methods of investment appraisal.
Learn the methodologies for calculating the discounted payback period.
Understand the concept and calculation of average accounting rate of return (AARR).

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