Which of the following financial statements shows a firm's financing activities (how funds were generated) and investment activities (how funds were used) over a particular period of time?
A)balance sheet
B)income statement
C)statement of retained earnings
D)statement of cash flows
E)proxy statement

Question

Quizplus · Accepted Answer

The statement of cash flows shows a firm's financing activities and investment activities over a particular period of time, including the inflow and outflow of cash from operating, investing, and financing activities. The balance sheet shows the firm's assets, liabilities, and equity at a particular point in time, while the income statement shows a firm's revenue, expenses, and net income over a particular period of time. The statement of retained earnings shows changes in a firm's retained earnings over a particular period of time. The proxy statement provides information about a firm's executive compensation and board of directors to shareholders.

Which of the Following Financial Statements Shows a Firm's Financing