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Discuss the construct of a Statement of Cash Flows. Why do you think Accountants have agreed to the main categories of the Statement and the
Discuss the construct of a Statement of Cash Flows. Why do you think Accountants have agreed to the main categories of the Statement and the order in which the categories are presented? How can knowledge of the data in the Statement of Cash Flows lead to better decision making?
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ANSWER A cash flow statement is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents The cash flow statement summarizes the impact of oper...
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
