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The statement of cash flows is designed to fulfill all of the following purposes except: Select one: A. to determine the company's ability to pay

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The statement of cash flows is designed to fulfill all of the following purposes except: Select one: A. to determine the company's ability to pay dividends to shareholders B. to predict future cash flows C. to show the relationship of net income to changes in the company's cash D. to assess the collectibility of accounts receivable The issuance of bonds for cash would be reported on a statement of cash flows under the: Select one: A. operating activities B. financing activities C. investing activities D. no activities because issuing bonds for cash would not be reported on a statement of cash flows A statement of cash flows: Select one: A. may be combined with the balance sheet B. may be combined with the statement of retained earnings at the option of management C. is a basic financial statement required for publicly held companies D. is prepared at the option of management

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