A Statement Of Cash Flows
A Statement Of Cash Flows
This weeks assignment focuses on the Statement of Cash Flows. This is an extremely important document when it comes time to evaluate a company. To start off some discussion for the week let’s dive deeper into the Statement of Cash Flows:
What is a statement of cash flows?
Some maintain that the statement of cash flows is an optional financial statement. Do you agree? Explain
Answer preview
A statement of cash flows is a financial statement that describes how cash gets in and out of a business entity. The main concern for the statement of cash flows is the activities of a business that lead to cash creation and its utilization. The financial statement is utilized when discerning certain business trends in the performance of an entity. This is very useful because some of the trends that are identified by the cash flow statement may not be detected in the other financial statements. A statement of cash flows is most relied financial statement by the investors………………
WORD COUNT:360WORDS
FORMAT:APA