Answered You can buy a ready-made answer or pick a professional tutor to order an original one.
2 Different Discussions#1 Indirect Method vs. Direct Method (Only 100-200 words required)Financial statement preparers have two choices in preparing the statement of cash flows: the indirect method an
2 Different Discussions
#1 Indirect Method vs. Direct Method (Only 100-200 words required)
Financial statement preparers have two choices in preparing the statement of cash flows: the indirect method and the direct method. The indirect method is used extensively in practice even though the F.A.S.B. has expressed a preference for the direct method. Discuss the similarities and differences between the direct and indirect methods, and the advantages of using each method. Your answer should illustrate understanding of the cash flow statement.
#2 Horizontal vs. Vertical Analysis (Only 100-200 words required)
Discuss the horizontal and vertical analysis of a financial statement, and how each is used to help financial statement users make better decisions. Also, explain the liquidity, solvency, and profitability ratios introduced throughout the text. Describe how the ratios are used in analyzing a firm’s liquidity, solvency, and profitability. Your answer should illustrate understanding of financial statement analysis, including ratios.
- @
- 644 orders completed
- ANSWER
-
Tutor has posted answer for $12.00. See answer's preview
* Different ************* Indirect ****** vs ****** ****** (Only ******* words ****************** statement preparers **** two ******* ** ********* *** ********* of **** flows: *** ******** ****** an2 ********* ************* ******** ****** ** ****** Method (Only 100-200 ***** ****************** statement ********* have *** ******* in ********* the ********* ** cash flows: *** indirect method *** *** ****** ****** *** indirect ****** ** **** *********** ** ******** **** ****** *** **** *** ********* * ********** *** *** ****** ****** ******* *** ************ *** *********** ******* *** ****** and ******** ******* *** the ********** of ***** each ****** **** ****** ****** ********** ************* ** *** cash flow *********** ********** vs Vertical ******** ***** ******* ***** **************** the horizontal *** vertical analysis of * ********* ********* *** how **** ** **** ** **** ********* ********* ***** **** better ********* **** ******* *** liquidity solvency and ************* ratios introduced throughout *** **** Describe how *** ratios are **** ** ********* * firm’s ********* solvency *** ************* **** ****** should ********** ************* ** ********* ********* ******** including ******
