![]() It informs a company about their financial status, allowing them to make informed decisions and plan for the future. ![]() ![]() This method also identifies changes in cash payments and receipts as a result of a company's operating activities. Also known as the "income statement method," the direct method cash flow statement tracks the flow of cash that comes in and goes out of a company in a specific period. Direct cash flow refers to the direct method, which is one of the two accounting methods used to create a detailed statement of cash flow that shows the changes in cash over the period.
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