Question
2. Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does
2. Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does each section tell you about a companys operations? What are the benefits that might be expected from a statement of cash flows and whether those are different from the benefits of a cash sources and cash needs listing.
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Financial & Managerial Accounting
Authors: Carl Warren
12th Edition
1285534646, 978-1133952428
