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Question 3 (1 point) The statement of cash flows is designed to fulfill all of the following purposes except: to predict future cash flows O
Question 3 (1 point) The statement of cash flows is designed to fulfill all of the following purposes except: to predict future cash flows O to assess the collectibility of accounts receivable to determine the company's ability to pay dividends to shareholders to show the relationship of net income to changes in the company's cash Question 4 (1 point) The cash flow statement is clearly the most important financial statement since, as many of us have heard, "Cash is King!" (or "Cash is Queen!") True False
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