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.
4. Show the relationship of net income to cash flow.
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The statement of cash flows helps investors and creditors 1 Predict future cash flow by reporting pa...View the full answer
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Related Book For 
Accounting
ISBN: 978-0132690089
9th Canadian Edition volume 2
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
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