The main purpose of this module is to review the statement of cash flows in more detail.
Is there a difference between direct and indirect methods to make a statement of cash flows? Discuss and note two or three specific differences. In addition, clearly
· Distinguish between cash flows from operating activities and cash flows from investing activities.
· Compare the statement of cash flows with income statement using terms of net income and cash at end of the year.
· Which of the two (income statement and statement of cash flows) is the better one? Explain your reasoning.
· Comment on differences between Apple's and Samsung's statement of cash flows.