Financial statements all have a goal. The cash flow statement does as well.
Requirements...
Financial statements all have a goal. The cash flow statement does as well.
Requirements
R1. Describe how the Statement of Cash Flows helps investors and creditors perform each of the following functions:
a. Predict future cash flows
b. Evaluate management decisions
c. Predict the ability to make debt payments to lenders and pay dividends to stockholders
Answers: 1
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