All of the following are TRUE statements about the Statement of Cash Flows EXCEPT The information in a statement of cash flows helps investors and creditors assess the company's ability to pay dividends and meet obligations. The retained earnings statement shows cash dividends declared whereas the statement of cash flows shows the cash dividends paid during the O The statement of cash flows and the balance sheet provide a detailed summary of where cash came from and how it was used. A statement of cash flows can help financial statement users assess the reliability of the net income number.