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Discuss in what ways the operating, investing and financing cash flows of a growing firm...

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Accounting

  1. Discuss in what ways the operating, investing and financing cash flows of a growing firm might be different from those of a contracting firm. Present your views in maximum 200 words.

b. Discuss why the effective interest method to amortize bonds premiums or discounts is preferable to straight line method. Present your views in maximum 200 words.

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