Question

Brock Company is a merchandiser that prepared the statement of cash flows and income statement provided below:


Required:
Assume that you have been asked to teach a workshop to the employees within Brock Company’s Marketing Department. The purpose of your workshop is to explain how the statement of cash flows differs from the income statement. Your audience is expecting you to explain the logic underlying each number included in the statement of cash flows. Prepare a memo that explains the format of the statement of cash flows and the rationale for each number included in Brock’s statement of cashflows.


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  • CreatedMay 20, 2014
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