1. What is the reporting purpose of the statement of cash flows? Why is this important to investors? 2. On the statement of cash flows, why are dividends received and dividends paid reported in different sections? 3. Is depreciation a source of cash flow? Why or why not?
1. What is the reporting purpose of the statement of cash flows? Why is this important to investors? 2. On the statement of cash flows, why are dividends received and dividends paid reported in different sections? 3. Is depreciation a source of cash flow? Why or why not?
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter1: The Demand For And Supply Of Financial Accounting Information
Section: Chapter Questions
Problem 20GI
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1. What is the reporting purpose of the statement of cash flows? Why is this important to investors?
2. On the statement of cash flows, why are dividends received and dividends paid reported in different sections?
3. Is depreciation a source of cash flow? Why or why not?
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