• ABC Corporation sold an unused building for $177,000. The building's book value on the date of sale was $172,000. How will this transaction appear in a statement of cash flows prepared using the indirect method?

• What is free cash flows? How do you calculate it?

• The following information is available from the current period financial statements:

Net income	$140,000
Depreciation expense	28,000
Increase in accounts receivable	16,000
Decrease in accounts payable	21,000

• What is the net cash flow from operating activities using the indirect method?

• Why do some financial expert refer to the Statement of Cash Flows as the most "honest" of the four required statements?