Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the statement of cash flows is very useful because

The statement of cash flows is very useful because it provides valuable information to investors, creditors,...

70.2K

Verified Solution

Question

Accounting

The statement of cash flows is very useful because it providesvaluable information to investors, creditors, and other users.Distinguish among the three types of activities that are reportedin the statement of cash flows. Please discuss in detail.(Please no handwritten responses - they can be difficult todecipher.)

Answer & Explanation Solved by verified expert
4.3 Ratings (682 Votes)
Answer The statement of cash flows The primary purpose of the statement of cash flows is to provide information about cash receipts cash payments and the net change in cash resulting from the operating investing and financing activities of a company during the period Summarize the operating investing and financing activities of an    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

For your study on the food consumption habits of teenage​ males, you randomly select 10 teenage...

Psychology
1.2K views

choose a social problem and discuss it in the context of stephen pfohl's 5 components of...

Geometry
1.2K views

In Exercises 27 to 30 use the definition of a parallelogram to complete each proof...

Basic Math
1.2K views

Rewrite the following without an exponent 8 0

Accounting
1.2K views

Fill in the following boxes Fact set: ...

Accounting
1.2K views

During 2021 equipment was sold for $75,000. This equipment cost $120,000 and had a book...

Accounting
1.2K views

Indicate where the event purchase of land and a building with a mortgage would appear,...

Accounting
1.2K views

6. Country Workshop manufactures both finished and unfinished furniture for the home. The estimated quantities...

Accounting
1.2K views

3 a1 19 The Loch Corporation reports the following information for its Eastern Division: Revenue...

Finance
1.2K views

Define the Following Key Terms and Concepts and Answer the Following Questions Code of Ethics,...

Finance
1.2K views

13 In liner Programming model B constraint restricts (1 (1 ) .D) Value of objective...

Accounting
1.2K views

Operations of Traveler Company for the year produced an M/S ratio of 20% and a...