Statement of Cash Flows in Excel
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Complete Problem set 7 (attached in this post). From the information in Problem 7, prepare a statement of cash flows using the indirect method. Using a Word document, write a paper discussing how the different sections of the statement of cash flows assist different sets of users. Also, discuss the merits of using the direct method versus the indirect method of preparation.
(A portion of this assignment must be done in Excel)
~ Paper portion of assignment should be written using APA format. Submission of Plagiarism report is required as part of the assignment (see CWE section in syllabus for detailed information) ~
Note: Because this is not a full writing assignment, a minimum of two references will be required (compared to the normal five required).
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Solution Summary
The solution prepares a cash flow statement using the indirect method. Following that it also talks abou the merits of using the direct vs. the indirect method of cash flow preparation.
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Please find my response attached. The Excel attachment has the actual cash flow statement.
Different Sections of Cash Flow Statement:
As an investor, I'll be more interested in the Operating Section of the Cash Flow Statement. Operating section represents the cash received or expended because of company's core business activities. The items in the financing and investing sections of the Cash Flow Statement usually do not persist over time. But the items in the operating section of the cash flow ...
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