Acct312 week 6 discussion (dq1+dq2) latest 2017

Subject: Business / Accounting
Question
Week 6 discussion

DQ1 Cash Flow Statement Information

What is the purpose of the statement of changes in cash flow? What are the three areas (activities) that make up the statement of changes in cash flow? Why is net income the most noteworthy statement on a statement of cash flow?

DQ2 Cash Flows From Operating Activities

The statement of changes in cash flow includes changes associated with net operating activities. Compare the indirect and direct methods of determining cash flows from operating activities. Which method do you think provides the reader with the most valuable information?

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