Prepare the statement of cash flows by the direct method (Appendix 16A) 5 Prepare the statement of cash flows by the indirect method using a spreadsheet (Appendix 16B)
Why Is Cash So Important? You can probably answer that question from your own experience. It takes cash to pay bills and to generate future income for a business. Businesses, such as Amazon.com, Inc., a retail Web site that sells everything from sporting equipment to household goods, closely monitors cash. Amazon.com is interested in where […]