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The company Formerly makes use of accelerated depreciation approach on its money assets but the corporation now utilizes straight line depreciation approach, these alter in accounting policy improves the documented net cash flow by $eleven million.
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The report offers a case where by Harnischfeger Company, a number one producer of design, mining and electrical equipments suffered a significant fall during the desire of company’s products on account of globally recession in 1980s that drastically threatens the money balance of the company.
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