Describe how the cash flow statement helps investors and creditors perform each of the following functions: 1.
Question:
1. Predict future cash flows
2. Evaluate management decisions
3. Predict the ability to make debt payments to lenders and pay dividends to shareholders
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1 It helps predict future cash flows because past c...View the full answer
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Related Book For 
Financial Accounting
ISBN: 978-0132889711
1st Canadian Edition
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
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