Question
When contrasting a Finance based cash flow statement to a GAAP based Statement of Cash Flow, which of the following statements is (are) true? A.
When contrasting a Finance based cash flow statement to a GAAP based Statement of Cash Flow, which of the following statements is (are) true?
A. The GAAP based Statement of Cash Flow measures changes in the cash retained by the firm
B. The Finance based Statement of Cash Flow measures the cash distributed to the investors in the firm
C. The GAAP based Statement of Cash Flow measures the cash distributed to the investors in the firm
D. The Finance based Statement of Cash Flow measures changes in the cash retained by the firm
E. Both statements A & B are true
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Finance For Normal People
Authors: Meir Statman
1st Edition
019062647X, 978-0190626471
