1 What is the objective of the cash flow statement?

2 List the three categories of the cash flow statement along with the title of the supplementary section & give two examples of activities that would go in each of the 4 sections.

3 What is the difference between the direct vs. indirect method of the cash flow statement?

4 Differentiate the classification on the cash flow statement between the payment of dividends vs the receipt of dividends as well as the logic behind such classifications.

5 If a fixed asset is purchased with cash and a note payable, explain how this transaction would appear on the cash flow statement.

6 The indirect method of preparing the operating section of a cash flow statement begins with net income and then has various balance sheet accounts added or subtracted. Explain why a decrease in "accounts receivable" would be added as a cash flow.

7 List 2 ways a company might boost its cash flow

Thank you!