Question: This week we learn about the Statement of Cash Flows (Chapter 14). This week's discussion questions are as follows: 1). What is the reporting purpose
This week we learn about the Statement of Cash Flows (Chapter 14). This week's discussion questions are as follows:
1). What is the reporting purpose of the statement of cash flows? Why is this important to investors?
2). Summarize the three types of cash flow activities, and describe at least 2 types of cash flows in EACH type of activity
3). Is depreciation a source of cash flow? Why or why not?
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