ACC2 M4C4

ACC2 M4C4

The main purpose of this assignment is to review the statement of cash flow 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 financial statements (income statement and statements of cash flows) is the better one? Explain your reasoning.

·

· Comment on differences between Apple’s and Samsung’s statements of cash flows using the information gathered from previous assignments.

Assignment Expectations

The submission should be 4-5 pages and need to include answers to all the questions listed above. Show formula for computations, compare two financial statements, discuss the results, and include references in APA format in text and listed at the end on a separate page including web addresses that is applicable.