What does the statement of cash flows measure? a. How the company's assets are financed. b....
What does the statement of cash flows measure?
| a. |
How the company's assets are financed. |
|
| b. |
The market value of the company's assets and equity. |
|
| c. |
How the company's retained earnings changed over a period of time. |
|
| d. |
How the company's cash account changed over a period of time. |
Homework Answers
Answer is d. How the company's cash account changed over a period of time.
Explanation:
The cash flow Statement provides the detail of cash inflows and cash outflows from the three activities i.e. operating, investing and financing activities. Thus, it analyse the changes in the cash balance due to the transactions entered.
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What does the statement of cash flows measure?
a.
How the company's assets are financed.
b....
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The statement of retained earnings:
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