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● What is the statement of cash flows, and how does it differ from the income statement? ● A cash flow statement links to the income statement by net profit or net loss, which is typically the first line item of a cash flow statement, used to calculate cash flow from operations. The cash flow statement and the income statement, along with the balance sheet, are the three main financial statements. The cash flow statement and income statement integrate with the corporate balance. According to Investopedia (2015), cash flow statement is connected to the income statement by net profit or net burn, which is the first line item of a cash flow statement and is used to calculate cash flow from operations. The income statement is the most popular financial statement and displays a company's revenues and total expenses, including noncash accounting, such as depreciation over time. The cash flow statement is connected to the income statement by net profit or net burn, which is the first line item of a cash flow statement and is used to calculate cash flow from operations. The income statement is the most popular financial statement and displays a company's revenues and total expenses, including noncash accounting, such as depreciation over time The cash flow statement is connected to the income statement by net profit or net burn, which is the first line item of a cash flow statement and is used to calculate cash flow from operations. The income statement is the most popular financial statement and displays a company's revenues and total expenses, including noncash accounting, such as depreciation over time The cash flow statement is connected to the income statement by net profit or net burn, which is the first line item of a cash flow statement and is used to calculate cash flow from operations. The income statement is the most popular financial statement and displays a company's revenues and total expenses, including noncash accounting, such as depreciation over time. The cash flow statement is connected to the income statement by net profit or net burn, which is the first line item of a cash flow statement and is used to calculate cash flow from operations. The income statement is the most popular financial statement and displays a company's revenues and total expenses, including noncash accounting, such as depreciation over time. ● What are the three major sections of the statement of cash flows? ● The cash flow statement's three main sections are: Operating activities, Investing activities, and Financing activities ● Do you work with budget at work? Please check out the link below. ● ● Reference ● How is a cash flow statement different from an income statement? (2015, March 12). Investopedia. https://www.investopedia.com/ask/answers/031215/what-difference- between-cash-flow-statement-and-income-statement.asp ●

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