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With respect to the statement of cash flows: increasing assets is always the predominant use of cash while borrowing is the predominant source of cash.
With respect to the statement of cash flows:
increasing assets is always the predominant use of cash while borrowing is the predominant source of cash. | ||
increases in assets are sources of cash and increases in liabilities are uses. | ||
its most important function is to identify the principal sources and uses of cash. | ||
All of the above |
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