ACCT557/ACCT 557 WEEK 6 DISCUSSION 2

ACCT 557
WEEK 6
This week, we will cover the statement of cash flows and how to create this essential financial analysis tool. (See the Assignments area to get a jump on some of the problems we’ll be concentrating on in this thread.) Before we start doing problems together, what is the difference between the direct and indirect method? Why do companies prefer one over the other? Let- start with Q 17 and BE 23-3 for practice and identify cash flow statement items.

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