One of the purposes of the statement of cash flows is to

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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One of the purposes of the statement of cash flows is to
predict the ability of a company to pay debts and dividends
evaluate the level of debt and leverage of a company
determine the operating income of a business
calculate inventory turnover
Transcribed Image Text:One of the purposes of the statement of cash flows is to predict the ability of a company to pay debts and dividends evaluate the level of debt and leverage of a company determine the operating income of a business calculate inventory turnover
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