Question: The cash flow statement is one way to evaluate how a business is doing. Managers also need to evaluate: - The income statement, as keeping
The cash flow statement is one way to evaluate how a business is doing. Managers also need to evaluate:
- The income statement, as keeping sales high and expenses low is the main goal of a business.
- The balance sheet and income statement to gain enough information to make valid business decisions.
- The balance sheet so they know how much cash they have to work with and how much debt they owe.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
