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2. Risch Company each year prepares an income statement and balance sheet. Tom Martin, the controller, issues a memo to Debbie Kreiger, vice president, that
2. Risch Company each year prepares an income statement and balance sheet. Tom Martin, the controller, issues a memo to Debbie Kreiger, vice president, that the company should prepare a statement of cash flovs. Debbie called the controller and told him that she would not tet a cash flows statement be published, that this type of information is for internal purposes only, and that the public has no right to this data. She said that the competition iould kill them if they got this information. Do you agree vith Debbie's position or vith Tom's? Compose a recommendation to Dave Risch, the CEO on hov you would proceed
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