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Short Answer Questions 1. What are some of the uses of the statement of cash flows? 2. Explain the difference between the direct and indirect

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Short Answer Questions 1. What are some of the uses of the statement of cash flows? 2. Explain the difference between the direct and indirect methods for computing cash flows from operating activities. 3. What are noncash expenses? How are they treated in computing cash flows from operating activities? 4 Depreciation is sometimes referred to as a source of eash. Is it a source of cash? Explair

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