The main purpose of this module is to review the statement of cash flows in more detail.
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STATEMENT OF CASH FLOWS
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Is there a difference between direct and indirect methods to make a statement of cash flows? Discuss and note two or three specific differences. Additionally, clearly
- Distinguish between cash flows from operating activities and cash flows from investing activities.
- Compare the statement of cash flows with income statement, using terms of net income and cash at end of the year.
- Which of the two financial statements (income statement and statements of cash flows) is the better one? Explain your reasoning.
- Comment on the differences between Apple’s and Samsung’s statement of cash flows.
The submission should be 3- to 5-pages and need to include answers to all the questions listed above. Show formula for computations, compare two financial statements, discuss the results, and include references in APA format.
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