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Chapter 12 Discussion Question

Chapter 12 Discussion Question

Q What to do: Prepare a Significant Sentence for Chapter 12. Post it here in the Discussion Forum. Mention which page and paragraph you found it (Summary not allowed). Spell out why you think your chosen sentence is the most significant in the chapter. Comment on at least two (2) other post as to why or why not you think that may or may not be the most Significant Sentence. Be polite. Discussion Directions: After you type your initial post by Wednesday evening at 11:59 pm Pacific Time, then read through the other entries and reply directly to at least two classmates by Sunday evening at 11:59 pm Pacific Time. When you reply, ALWAYS type the name of the classmate you are responding to, and your name at the bottom of the message. Make sure to use proper grammar and punctuation in this college level course in all correspondence. Please avoid “text” or “twitter speak” when corresponding. Summary: Post by Wednesday evening at 11:59 pm Pacific Time Respond to at least (2) classmates by Saturday evening at 11:59 pm Pacific Time

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Significant Sentence I chose for this week is “ The statement of cash flows explains the difference between the beginning and ending balances of cash and cash equivalents." This statement is quite apt. The cash flow statement for a firm shows the net cash outflow or net cash inflow occurring during a given period. It usually shows the break-up of the cash flows in terms of cash flow from operating activities, investing activities, and financing activities. Thus, it explains the differences between the beginning and ending balances of cash and cash equivalents for a given period.