on topics/730895 Module 3 - Discussion 4 - Week 4 Please answer/discuss any two of the following questions, ABC Corporation sold an unused building for $177,000. The building's book value on the date of sale was $172,000. How will this transaction appear in a statement of cash flows prepared using the indirect method? What is free cash flows? How do you calculate it? The following information is available trdm the current period financial statements: Net Income $140,000 28,000 Depreciation expense Increase in accounts receivable Decrease in accounts payable 16,000 21,000 What is the net cash flow from operating activities using the Indirect method? Why do some financial expert refer to the Statement of Cash Flows as the most honest of the four required statements? Search entries or author Unread Subscribe