Nervane's operating cash flow is 1.1 million while its profit is only 300,000. The analyst notes a sharp fall in receivables and a rise in trade payables. Which explanation is consistent with the indirect method?
Nervane's operating cash flow is 1.1 million while its profit is only 300,000. The analyst notes a sharp fall in receivables and a rise in trade payables. Which explanation is consistent with the indirect method?