Question: hello, i dont know to answer this question. can anyone help me B. The cash ow statement tells you how much cash is entering and

hello, i dont know to answer this question. can anyone help me

hello, i dont know to answer this question. can
B. The cash ow statement tells you how much cash is entering and leaving your business. Along with balance sheets and income statements. it's one of the three most important financial statements for managing your small business accounting and making sure you have enough cash to keep operating. Most small businesses have an inadequate cash reserve. 0r worse. they have no cash reserve at all. This situation leaves businesses unprepared to handle unexpected circumstances and emergencies. An inadequate cash reserve is probably the most common cause of cash ow problems. It is also the simplest to solve. A proper cash reserve allows you to weather short-term emergencies. It also allows you to focus on running your business during difcult times, without affecting operations. Required: Justify your opinion on the above statement. (3 monks}

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