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Understanding Cash Flow Statements

The document discusses the statement of cash flows, including: 1. The statement of cash flows shows cash inflows and outflows during a reporting period and is prepared using the cash basis …

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t4fgmwcb2k
113 views24 pages

Understanding Cash Flow Statements

The document discusses the statement of cash flows, including: 1. The statement of cash flows shows cash inflows and outflows during a reporting period and is prepared using the cash basis rather than the accrual basis used for other financial statements. 2. Cash flows are classified as operating, investing, or financing activities, with examples provided for each classification. 3. The statement of cash flows provides information on a company's liquidity and ability to generate cash from operations, but cannot be used to assess profitability due to differences from the accrual basis.

113 views24 pages

Understanding Cash Flow Statements

The document discusses the statement of cash flows, including: 1. The statement of cash flows shows cash inflows and outflows during a reporting period and is prepared using the cash basis …

Uploaded by

t4fgmwcb2k
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