Purpose and Elements of Statement of Cash Flows

Answer the following questions in the Discussion Board:

Explain the purposes of      the statement of cash flows.

List and describe the      three categories of activities that must be reported in the statement of      cash flows.

1. Identify and describe the      two methods that are allowed for reporting cash flows from operations.
2. Describe the financial      statement presentation of noncash investing and financing transactions. Include      in your description an example of a non-cash investing and financing      transaction.
3. Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2016). Statement of cash flows. Intermediate accounting (16th ed.). (p. 1393). New York, NY: John Wiley & Sons, Inc.