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Explain the purpose and the format of the statement of cash flows. Also, describe its relevance...

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Finance

Explain the purpose and the format of the statement of cashflows. Also, describe its relevance to decision makers. please useyour own words, and no handwriting please, thank you!

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Cash flow statement is a statement which shows changes in the cash of a firm between two periods Along with changes statement also shows reasn for such changes which helps in better functioning of business Cash flow statement is a planning tool which is useful in short term planning A enterprise needs cash to for its operations and other requirements analysis of the same helps in    See Answer
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Explain the purpose and the format of the statement of cashflows. Also, describe its relevance to decision makers. please useyour own words, and no handwriting please, thank you!

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