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In Chapter 19 , the calculation of EPS was discussed. In Chapter 21 , cash flows were discussed. It was also observed that although cash

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In Chapter 19 , the calculation of EPS was discussed. In Chapter 21 , cash flows were discussed. It was also observed that although cash flow per share is used by analysts on Wall Street and even firm managers, cash flow per share is not disclosed on the income statement. In a paragraph, in your opinion, what benefits might this calculation confer? Further, which method of the statement of cash flows, indirect or direct, did you prefer and why? (8 pts)

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