Question: In Excel, prepare a statement of cash flows (indirect method) for the year ended December 31, 2014. In Excel, prepare a side-by-side comparative statement contrasting

In Excel, prepare a statement of cash flows (indirect method) for the year ended December 31, 2014. In Excel, prepare a side-by-side comparative statement contrasting two bases of reporting: (1) net income and (2) cash flows from operations. Which of the two financial reports in (b) better reflects profitability? Explain in one paragraph in Word or using a comment box in Excel

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