You were recently hired to work as the Chief Financial Officer (CFO) of a small-sized corporation reporting directly to the owner/CEO. You observed that a cash flow statement was not prepared. You are very concerned about the situation. As a Certified Public Accountant, you want to make sure that the company is successful, compliant and using all the financial tools necessary. You mentioned it briefly to the CEO but he did not think it was necessary. Write a memo addressed to the CEO/owner to explain the importance of a cash flow statement. Explain why you think you should start preparing one and what the statement will show. Include whatever information you think is necessary to convince him that the statements have to be done and tell him what is included in the statements. Communicate this topic to the CEO in a way that is easy for a non-accounting person to understand