A form of income statement in which the total of all expenses is deducted from the total of all revenues.

Which of the following items is reported on a Cash Flow statement prepared by the direct method?

(a) Loss on sale of the building (b) Increase in A/R (c) Deprecriation Expense (d) Cash payments to suppliers

Apply your understanding of forecasting to the idea of developing a reorder point for uncertain demand. What could be done to make a reorder point more accurate?

What will be an ideal response?