Question: 1. LO 16.1 What function does the statement of cash flows serve, as one of the four basic financial statements? 2. LO 16.1 Is it

1. LO 16.1 What function does the statement of cash flows serve, as one of the four basic financial statements? 2. LO 16.1 Is it possible for a company to have significant net income in the same time period that net cash flows are negative? Explain

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