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28 July, 01:49

What is the purpose of a statement of cash flows?

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  1. 28 July, 02:53
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    Answer: The purpose of the cash flow statement is to show where an entities cash is being generated (cash inflows), and where its cash is being spent (cash outflows), over a specific period of time (usually quarterly and annually). It is important for analyzing the liquidity and long term solvency of a company.
  2. 28 July, 03:41
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    Answer:The purpose of the cash flow statement is to show where an entities cash is being generated.

    (cash inflows), and where its cash is being spent (cash outflows), over a specific period of time (usually quarterly and annually). It is important for analyzing the liquidity and long term solvency of a company
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