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    Explain why the statement of cash flows provides useful information that goes
    beyond income statement and balance sheet data.

    © BrainMass Inc. brainmass.com May 24, 2023, 1:28 pm ad1c9bdddf

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    Cash flow analysis is very useful to the management for short term planning which a balance sheet or income statement does not. Cash is the most liquid of assets required to pay to the suppliers, to purchase fixed assets, to pay dividend, to meet the expenses of the business and to ...