Use an Internet search engine to locate a company in your area. Make an appointment with the company’s controller or chief financial officer to answer the following questions: 

1. Does the company use the direct or indirect method to determine the net cash provided by operating activities when preparing its statement of cash flows? Why?

2. How is the information reported on the statement of cash flows used for decision-making purposes?

Required

Write a brief memorandum that summarizes the information that you obtained during your interview.