1. Why does the FASB require that a company prepare a statement of cash flows when the other major financial statements are published?

2. Why are all non-cash expenses added back to net income to compute cash flow from operating activities when using the indirect method?

3. What type of business or individual might be interested in using one or more of the financial analysis techniques discussed in chapter 13?

4. If you had to choose one analysis technique to evaluate a company, which one would it be? Why?