what is a cash flow statement, and why is it needed?

[alexn]

#223770

Have you ever been curious about a cash flow statement and why there should be such statements for businesses? A cash flow statement shows all the movements of money coming and going out of an organization within a certain time frame. A cash flow statement usually consists of the activities in the business, investments in the business, and financing activities. Owners of businesses can use a statement of cash flows to see whether they have enough money to meet their financial needs.

[Abdullah]

#223818

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[hankfreid]

#223824

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