How and Why Did the United States Eventually Join the War

question 32

Essay

How and why did the United States eventually join the war?

Prepare a statement of cash flows using the direct method, including a schedule of noncash investing and financing activities.

Prepare a statement of cash flows using the indirect method and calculate the cash flow on total assets ratio.

Understand the components of operating, investing, and financing sections of the statement of cash flows.

Describe the importance of noncash expenses in the operating section of cash flows and their adjustments.

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