examples of changes in current liabilities related to operating activities includes

a. changes in prepaid rent

b. changes in account payable from one period to the next

c. changes in cash from one period to the next

d. changes in supplies from one period to the next

the first step in preparing the statement of cash flow is

a. identify cash flows from investing activities

b. identify cash flows from operating activities

c. compute the difference in the cash account from one period to the next

d. identify cash flows from financing activities

the purpose of the statement of cash flows is

a. calculate the balance in the accounts receivable account

b. identify why revenues decreased

c. provide information on the sources and uses of cash

d. calculate the balance in the cash account