Instructions: Instructions:

Prepare Reed & Sons $2017$ Cash Flow Statement using direct method.

Place the change in cash in the appropriate section of the cash flow statement to calculate cash flow from operations, cash flow from investing, and cash flow from financing

You will need to combine several transactions to calculate one category like cash collected from customers.

Cash inflows are positive numbers and cash outflows are negative numbers.

Prepare Casual Clothing's Cash Flow Statement using Direct Method.

Follow steps outlined in page $11$ of the Mod $5$ notes to create direct cash flow statement.

Show revenue as positive number and expenses as negative numbers.

Cash inflows are positive numbers and cash outflows are negative numbers.