Please answer this question with your Original answer. Make sure it is at least 300 words. Does not need at title page (this is not a report)
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?