Question

Which financial statement displays the cash related activities of a firm? What types of decisions are...

Which financial statement displays the cash related activities of a firm? What types of decisions are made based on this statement?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer

  • Cash related activities are displayed on financial statement known as “The Statement of Cash Flows” where the cash inflows and cash outflows during the period are shown, classified under various categories.
  • Decisions that are based on this statement might include:
    --check if the cash flows from Operations are not negative.
    --take accurate steps if Net Income is positive but cash flows from operations are negative.
    --to keep a check on investments done during the period, including any sale of investments.
    --decisions regarding financial activities from where the cash can be acquired or paid.
Add a comment
Know the answer?
Add Answer to:
Which financial statement displays the cash related activities of a firm? What types of decisions are...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT