K What is the purpose of the cash flow statement? .... OA. One purpose of the statement of cash flows is to provide information about a firm's investing and financing activities during a period. Cash flows generated from these activities include lo. and short-term debt financing, equity financing and investments in plant and equipment and other noncurrent assets. The statement of cash flows is also an alternative to an income state reporting revenues and expenses generated from operating activities. OB. One purpose of the statement of cash flows is to assist with the reconciliation to the bank statement. A second purpose of the statement of cash flows is to provide information about the ca receipts and cash payments of a firm during a period. OC. One purpose of the statement of cash flows is to provide information about a firm's investing and financing activities during a period. Cash flows generated from these activities include long- and short-term debt financing, equity financing and investments in plant a