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Questions 1. Prepare a statement of cash flows for CMOT for fiscal year 1991 using the indirect method. Organize the cash flows into cash flows

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Questions 1. Prepare a statement of cash flows for CMOT for fiscal year 1991 using the indirect method. Organize the cash flows into cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. Does your statement explain the change in cash and cash equivalents between the beginning and end of 1991? 2. Prepare a schedule of cash flows from operations using the direct method. Is this schedule more or less informative about the company's operations than the one prepared by the indirect method in Question 1? 3. What does the analysis of cash flows reveal about CMOT that was not evident from analysis of the income statements and balance sheets

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