Question: Only Statement I is TRUE. Racing New Tab D Question 3 1 pts I. The statement of cash flows allows the financial manager and other

Only Statement I is TRUE. Racing New Tab D Question 3 1 pts I. The statement of cash flows allows the financial manager and other interested parties to analyze a firm's past and possibly future profitability Il. To assess whether any developments have occurred that are contrary to a company's financial policies, the financial manager should pay special attention to both the major categories of cash flow and the individual items of cash inflow and outflow. Ill. It would be correct to define operating cash flow (OCF) as net operating profit after taxes plus depreciation. IV. Operating cash flow (OCF) is calculated by deducting depreciation from net operating profit after taxes. Statements | & IV are FALSE. Both statements I & Il are TRUE Only Statement IV is TRUE O. Only statement I is FALSE. 1 pts D Question 4 Which of the following is a source of cash flows? O decrease in notes payable ease in accounts payable

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