The distorting effects of acquisitions and dispositions on net operating cash flow

Together with the balance sheet and income statement, the cash flow statement is one of three principal financial statements in a company’s financial report to stockholders. Under classification rules of both the Financial Accounting Standards Board (FASB-95, 1987) and the International Accounting Standards Board (IASB-7, 1992), cash flows are classified as relating to operating, investing, [...]