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1. What is the purpose of a statement of cash flows?! 2. What are the three sections of the Statement of Cash Flows? 3. Give

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1. What is the purpose of a statement of cash flows?! 2. What are the three sections of the Statement of Cash Flows? 3. Give two examples of the types of activities that would be included in: Operating Activities Investing Activities Financing Activities 4. What are the two methods allowed under US GAAP and IFRS for preparing the operating section fothe statement of cash flows? (name and describe) 5. Describe what is meant by Free Cash Flow. 6. What do investors look for as it relates to earnings quality

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