Why is the cash flow statement important?

Multiple Choice

It is the most complex financial statement to prepare.

$$It tracks the expected flow of goods into and out of a business over a given period of time.

It tracks the expected flow of services into and out of a business over a given period of time.

Cash flow is the lifeblood of any business, and the statement allows you to estimate the total amount of cash you actually expect to receive each month, quarter, or year.