The main purpose of this module is to review the statement of cash flows in more detail.

Is there a difference between direct and indirect methods to make a statement of cash flows? Discuss and note two or three specific differences. Additionally, clearly

• Distinguish between cash flows from operating activities and cash flows from investing activities.
• Compare the statement of cash flows with income statement, using terms of net income and cash at end of the year.
• Which of the two financial statements (income statement and statements of cash flows) is the better one? Explain your reasoning.
• Comment on the differences between Apples and Samsungs statement of cash flows