What is the purpose of the Statement of Cash Flows? What does the statement tell...
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What is the purpose of the Statement of Cash Flows? What does the statement tell you about the company? What does the statement not tell you about the company. Of the three sections, which do you think is the most important? Why? Do you prefer the direct or indirect method? Why? Why do you think that the FASB does not require one method over the other?
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