STATEMENT OF CASH FLOWSAssignment OverviewThe 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, clearlyDistinguish 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 Apple’s and Samsung’s statement of cash flows. Assignment ExpectationsThe submission should be 3- to 5-pages and need to include answers to all the questions listed above. Show formula for computations, compare two financial statements, discuss the results, and include references in APA format.
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