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Description The statement of cash flows provides uses of financial statements with lots of important information about a company. What is the purpose of
Description The statement of cash flows provides uses of financial statements with lots of important information about a company. What is the purpose of the statement of cash flows and why is the statement of cash flows so important? Discuss the types of information that can be found in the statement of cash flows and why this information cannot be learned from the income statement and balance sheet. Next, study the statement of cash flows for Brock Company in problem 13-9 at the end of chapter 13. Describe what the statement of cash flows says about Brock Company. Your response should contain at least 100 words, demonstrating that you understand the statement of cash flows and its purpose. In your feedback to another student, provide substantive comments, including a critique of their analysis of Brock Company's statement of cash flows. View Discussion r
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