The statement of cash flows should (SO 5) not be used to evaluate an entity's ability to:
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The statement of cash flows should (SO 5) not be used to evaluate an entity's ability to:
(a) earn net income.
(b) generate future cash flows.
(d) meet obligations.
AppendixLO1
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471691952
3rd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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