**For Lady Hawkins Ph.D Only** Accounting Homework

Question 1 of 1:

Statement of Cash Flows–Indirect and Direct Method In this exercise, you will prepare statements of cash flow using the indirect and direct methods. Refer to  Week 1_Exercise 1.1.xlsx  to view the complete assignment. Tab 1 of the MS Excel worksheet contains details of Problem 1, tab 2 contains details of Problem 2, and tab 3 contains details of Problem 3. Include your solution to each problem in its respective worksheet. For Problem 2, there are three questions under the Requirements section. In 50–80 words, answer questions 2 and 3 in an MS Word document. Submission Requirements: Submit the following as attachments on Questa to your instructor:

· MS Excel worksheet containing solutions to the assigned problems. Name the worksheet Week 1_Exercise 1.1_YourInitials.

· Submit your answers to Problem 2 questions in an MS Word document. Name the document Week 1_Exercise 1.1_YourInitials. (Font: 12 point; double-spaced)