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Home Q & A Board Other Fields Homework Help Business Accounting
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BigFella9503 BigFella9503
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A year ago
Assume your friend has taken an accounting course in high school and is familiar with the balance sheet and income statement. However, she is not so familiar with the statement of cash flows.

Required:

Explain to your friend why the statement of cash flows is an important financial statement just like the balance sheet and income statement. In addition, explain to her how the information is presented in the statement of cash flows.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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babolat00babolat00
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A year ago
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