FINANC. MANGERIAL ACCT. W/CONNECT (LL)
FINANC. MANGERIAL ACCT. W/CONNECT (LL)
7th Edition
ISBN: 9781307257991
Author: Wild
Publisher: MCG/CREATE
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Chapter 6, Problem 13DQ
To determine

Cash flow:

Cash flow is a statement which shows flow of cash and cash equivalents as moving inward and outward of the business in a given time. In other words, cash flow statement shows cash generated or used by a company. It helps in managing cash efficiently. Also cash flow statement used to be called as the flow of funds statement.

To explain: Cash flow statement comprises three activities named as operating activity, investing activity and financing activity.

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