What are some of the uses of the statement of cash flows? Explain the difference between the direct and indirect methods for computing cash flows from operating activities. What are noncash expenses? How are they treated in computing cash flows from operating activities? Depreciation is sometimes referred to as a source of cash. Is it a source of cash? Explain. Why is it unlikely that cash flows from operating activities will be equal to net income for the same period? Why might a company have positive cash flows from operating activities even though operating at a net loss