Answer:
The simple analogy to creating a cash flow statement is analyzed below.
Explanation:
The cash flows statement is comprised of three sections: operating activities, investing activities, and financing activities.
The indirect method of preparing a statement of cash flows begins with the net profit from the income statement, which is then adjusted for non-cash items, such as depreciation.
Prepare—Gather Basic Documents and Data.
Step 2: Calculate Changes in the Balance Sheet.
Step 3: Put Each Change in B/S
Jorge Mario Bergoglio (Francis). He is significant because he has moved the Catholic Church into more modern times. Reason 1= he gave priests permission to forgive women who had abortions
Reason 2= pushes for climate change reform
We forget that those powers not explicitly granted to Congress by the Constitutionare inherently denied to Congress – and thus the authority to establish a centralbank<span> never was given. ... Congress, although not by law, essentially has given up all its oversight responsibility over the </span>Federal Reserve<span>.</span>