Accounting Basics II (SE-ACC220) Course Assignments Handout to accompany In dividual Problem Assignment #2 (7%): p17-7A Instruction 1. P 2. Is it unfavourable for a company to have a net cash outflow from financing activities? 3. Using horizontal analysis, calculate the percentage change between 2016 and 2017 repare a cash flow statement for the year using the indirect method. ing vertical analysis, calculate the percentage of the base amount for each year. 5. Based on your calculations in part (3) and (4), identify any significant changes from 2016 to 2017. Accounting Basics II (SE-ACC220) Course Assignments Handout to accompany In dividual Problem Assignment #2 (7%): p17-7A Instruction 1. P 2. Is it unfavourable for a company to have a net cash outflow from financing activities? 3. Using horizontal analysis, calculate the percentage change between 2016 and 2017 repare a cash flow statement for the year using the indirect method. ing vertical analysis, calculate the percentage of the base amount for each year. 5. Based on your calculations in part (3) and (4), identify any significant changes from 2016 to 2017