14–9 A business executive once stated, “Depreciation is one of our biggest operating cash inflows.” Do you agree? Explain.
14–10 If the Accounts Receivable balance increases during a period, how will this increase be recog- nized using the indirect method of computing the net cash provided by operating activities?
14–11 Would a sale of equipment for cash be considered a financing activity or an investing activity? Why?
14–12 What is the difference between net cash provided by operating activities and free cash flow?
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