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LO4. The statement of cash flows indicates the change in the cash position of the firm. Part A: Explain why the Statement of Cash Flows
LO4. The statement of cash flows indicates the change in the cash position of the firm.
Part A: Explain why the Statement of Cash Flows provides useful information that goes beyond the Income Statement and Balance Sheet. (LO2-4)
Part B: Explain how you would use this information as the VP of Finance.
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