Question
Of the 4 Main Financial Statements((1)balance sheets; (2)income statements; (3)cash flow statements; and (4) statements ofshareholders'equity)), the Statement of Cash Flow was the most recently
Of the 4 Main Financial Statements((1)balance sheets; (2)income statements; (3)cash flow statements; and (4) statements ofshareholders'equity)), the Statement of Cash Flow was the most recently added.
Question 1: Is the statement of cash flow important for external stakeholders?Why?
Question 2: Could you (should we) construct a statement of cash flow for our personal finances?
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Financial Accounting
Authors: Anne Britton, Chris Waterston
5th edition
273719300, 273719304, 978-0273719304
