Discussion

dq 1What are the differences between the indirect and direct methods of preparing the statement of cash flows? Do you agree with the FASB that the direct method is preferred? Why, or why not?dq 2Choose a publicly traded company and calculate its cash flow ratios as presented in this week’s lecture. Demonstrate your calculations in your post, and explain what the cash flow ratios indicate about the company. Do not choose a company previously chosen by one of your classmates. Participate in follow-up discussion by choosing one of your classmates’ posts and expanding upon what they have said that the cash flow ratios indicate.