Question.4018 - We are taking a brief look at the Statement of Cash Flows. It presents the cash inflows and outflows of a company for the year.Prompt:1. Which of the four financial statements do you find most useful? Why?2. Why do you think the cash flow statement is presented in addition to the other three financial statements (Income, Balance Sheet and Stockholders' Equity)?
Answer Below:
I think the Statement of Cash Flows is the most useful because it clearly shows the actual cash coming in and going out of the business. It helps me u...
I xxxxx the xxxxxxxxx of xxxx Flows xx the xxxx useful xxxxxxx it xxxxxxx shows xxx actual xxxx coming xx and xxxxx out xx the xxxxxxxx It xxxxx me xxxxxxxxxx if xxx company xxx enough xxxx to xxx its xxxxxxxx or xxxx investments xxxxx feels xxxx practical xxxx just xxxxxxx at xxxxxx numbers xxx Cash xxxx Statement xx important xxxxxxx it xxxxxxx on xxxx cash xxxxxxxx rather xxxx just xxxxxxxxxx figures xx breaks xxxx how xxx company xxxxxxx its xxxx whether xxxxxxx operations xxxxxxxxxxx or xxxxxxxxx making xxxxxxxxx its xxxxxxx financial xxxxxx easierMore Articles From Accounting
