This Discussion also focuses on the same financial report as before, only now, you will look at the cash flows. What type of method did the company use? What are the sections of the cash flow statement? Write at least 200 words answering the following questions:
•Did this company use a direct or indirect method for reporting operating activities?•Identify the three major sections of a statement of cash flows. Provide examples of items included in each section.
How does management decide which section of the statement of cash
flows an item should be reported?
•Is this company expanding plant assets? Explain your answer.
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