statement of cash flows: indirect method

Project Description:

required
1. using the indirect method, prepare a statement of cash flows for wu company.
include a supporting schedule of noncash investing transactions and
financing transactions.

2. what are the primary reasons for wu company’s large increase in cash from
2010 to 2011, despite its low net income?

3. compute and assess cash flow yield and free cash flow for 2011. compare
and contrast what these two performance measures tell you about wu company’s
cash-generating ability.
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