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Many small business owners focus on the cash balance in their bank accounts and may not use the statement of cash flows to analyze how
Many small business owners focus on the cash balance in their bank accounts and may not use the statement of cash flows to analyze how their businesses are generating or using cash. Discuss what information is found on the statement of cash flows that is just as important as the bank balance (or more so) for the purpose of understanding the financial position of a company.
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