If the income statement of a financial plan shows that the business will be profitable, why is

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If the income statement of a financial plan shows that the business will be profitable, why is there a need for a statement of cash flows?

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Small Business Management Launching & Growing Entrepreneurial Ventures

ISBN: 978-1133947752

17th edition

Authors: Justin Longenecker, William Petty, Leslie Palich, Frank Hoy

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Question Posted: Jan 14, 2015 09:30 AM

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If the income statement of a financial plan shows that the business will be profitable, why is

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Small Business Management Launching & Growing Entrepreneurial Ventures

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