Cash flow statements are the statements that determines the inflow and outflow of cash. Cash equivalent are a part of cash flows which helps in determining the difference between opening cash and cash equivalent and closing cash and cash equivalents. To explain: The most secure sources of cash inflows .

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Chapter 11, Problem 19DQ

To determine

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Cash flow statements are the statements that determines the inflow and outflow of cash. Cash equivalent are a part of cash flows which helps in determining the difference between opening cash and cash equivalent and closing cash and cash equivalents.

To explain:

The most secure sources of cash inflows.

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