Question: What is the difference between Income statement, statement of financial position and cash flow statement? Please explain why cash flow projections is an important

What is the difference between Income statement, statement of financial position and 

What is the difference between Income statement, statement of financial position and cash flow statement? Please explain why cash flow projections is an important activity for a finance manager?

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Income Statement This financial statement shows a companys revenues and expenses over a specific period typically quarterly or annually It provides in... View full answer

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