Question: Financial Statements and Supplementary Data. Using information from the statement of cash flows, answer the following questions for the Microsoft Corporation 2020: Which method, direct

Financial Statements and Supplementary Data. Using information from the statement of cash flows, answer the following questions for the Microsoft Corporation 2020:

  • Which method, direct or indirect, was used to prepare the company's Statement of Cash Flows? How can you tell?
  • How much cash and cash equivalents did the company have on hand at the end of its most recent fiscal year?
  • What is the trend in the company's net cash from operations over the past three years?
  • What were the significant cash flows from or used by financing activities during its most recent fiscal year?
  • What were the significant cash flows from or used by investing activities during its most recent fiscal year?

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