3 A Balance Sheet is useful for all of the following EXCEPT to Select one: a. assess future cash flows. b. compute rates of return. c. analyze cash inflows and outflows for the period. d. evaluate capital structure.

3 A Balance Sheet is useful for all of the following EXCEPT to Select one: a. assess future cash flows. b. compute rates of return. c. analyze cash inflows and outflows for the period. d. evaluate capital structure.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter2: Introduction To Financial Statements

Section: Chapter Questions

Problem 12Q: Explain the purpose of the statement of cash flows and why this statement is needed.

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Question

A Balance Sheet is useful for all of the following EXCEPT to

Select one:

a. assess future cash flows.

b. compute rates of return.

c. analyze cash inflows and outflows for the period.

d. evaluate capital structure.

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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