Ask Question
BusinessBusiness
11 September, 04:16

What is the purpose of a statement of cash flows?

+5
Answers (2)
  1. 11 September, 05:26
    0
    Answer: The purpose of the cash flow statement is to show where an entities cash is being generated (cash inflows), and where its cash is being spent (cash outflows), over a specific period of time (usually quarterly and annually). It is important for analyzing the liquidity and long term solvency of a company.
  2. 11 September, 07:09
    0
    Answer:The purpose of the cash flow statement is to show where an entities cash is being generated.

    (cash inflows), and where its cash is being spent (cash outflows), over a specific period of time (usually quarterly and annually). It is important for analyzing the liquidity and long term solvency of a company
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the purpose of a statement of cash flows? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is the definition of Micro vs. Macro?
Answers (1)
Suppose that in the state of new hampshire at any given time, about 60,000 women are currently divorced. further suppose that in the state of new york at any given time about 750,000 women are currently divorced. what can we conclude? a.
Answers (1)
Purchasing a franchise can be a good way to Question options: become involved in a business that you can then customize. start a business with no risk. transition to becoming an entrepreneur in a supportive environment.
Answers (1)
Two lines have the same non-zero $y$-intercept. The first line has a slope of 10 and an $x$-intercept of $ (s, 0) $. The second line has a slope of 6 and an $x$-intercept of $ (t, 0) $.
Answers (1)
Name and describe the four basic types of fees and cost a franchise owner must pay
Answers (1)
New Questions in Business
Consider a simple economy that produces two goods: pens and oranges. The following table shows the prices and quantities of the goods over a three-year period.
Answers (1)
Which of these would be a result of inflation? A business reports a loss for a tax year. A CEO pays less in taxes than five years ago. A company scales back production. A company increases production as a result of growing demand.
Answers (1)
Which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a parochial school d. a baseball team
Answers (1)
What is an over-zealous speaker?
Answers (1)
The amount of fica tax that employers must pay is twice the amount of the fica taxes withheld from their employees. true or false
Answers (1)
Home » Business » What is the purpose of a statement of cash flows?
Sign Up Forgot Password?