Give a specimen of cash flow statement of indirect method using imaginary figures?
Give a specimen of cash flow statement of indirect method using imaginary figures?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Give a specimen of
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Concept Introduction:
Main purpose of financial statements is to review and analyse position of the business as on particular date. Cash flows statement is one of the financial statement which helps in analysing liquidity position of the business. This cash flows statement shows all cash inflows and cash outflows of the business in form of operating activities, investing activities and financing activities.
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