Uses of cash flow statements

      

Uses of cash flow statements

  

Answers


Faith
- Provide information on a firm's liquidity and solvency and its ability to change cash flows in future
circumstance
- Provide additional information for evaluating changes in assets, liabilities and equity
- Improve the comparability of different firms' operating performance by eliminating the effects of
different accounting methods i.e. cash and accrual methods of accounting
- Indicate the amount, timing and probability of future cash flows

Titany answered the question on December 14, 2021 at 08:52


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