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Statement of Cash Flows Respond to one of the follovring thoroughly: 1 Explai in hov net cash flovs from operating activitles is calculated using the
Statement of Cash Flows Respond to one of the follovring thoroughly: 1 Explai in hov net cash flovs from operating activitles is calculated using the direct and indirect method. Provide at least one internet resource. 2. Risch Company each year prepares an income statement and balance sheet. Tom Martin, the controller, issues a memo to Debbie Kreiger, vice president, that the company should prepare a statement of cash flovrs. Debbie called the controller and told him that she vwould not let a cash flovis statement be published, that this type of information is for internal purposes only, and that the public has no right to this data. She said that the competition viould kill them if they got this information. Do you agree vith Debbie's position or vith Tom's? Compose a recommendation to Dave Risch, the CEO on hoxr you would proceed
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