Please post a 150-300-word response to each of the following discussion questions.
1. Why is it important to disclose non-cash transaction? Explain.
2. What questions about cash are answered by the Statement of Cash Flows? Explain.
3. There are 3 sections of the Statement of Cash Flows. Name and explain one of these sections, giving examples of transactions that would be found there.
4. What are some common ratios used to analyze financial information? Which are the most important? What are some examples of how ratios are used in the decision-making process?
5. Two popular methods of financial statement analysis are horizontal analysis and vertical analysis. What are the differences between these two methods?