Explore BrainMass

Explore BrainMass

    The purposes of the Statement of Cash Flows

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    What is the statement of cash flow designed to fulfill?

    © BrainMass Inc. brainmass.com February 4, 2021, 6:40 pm ad1c9bdddf

    Solution Preview

    To predict future cash flows ~ Cash not reported income, pays the bills. In many cases, a business's sources and uses of cash do not change dramatically from year to year.

    To evaluate management decisions. If managers make wise investment decisions, their business ...