Question: Financial statements all have a goal. The cash flow statement does as well. Requirement 1. Describe how the statement of cash flows helps investors and
Financial statements all have a goal. The cash flow statement does as well.
Requirement
1. Describe how the statement of cash flows helps investors and creditors perform each of the following functions:
a. Predict future cash flows.
b. Evaluate management decisions.
c. Predict the ability to make debt payments to lenders and to pay dividends to stockholders.
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