Which one of the following is an analysis of a firm's sources and uses of cash over a period of time?
A)income statement
B)pro forma income statement
C)cash flow statement
D)tax return
E)balance sheet

Question

Quizplus · Accepted Answer

A cash flow statement analyzes a company's sources and uses of cash over a specific period of time, whereas an income statement shows a company's total revenues and expenses over a period of time. A pro forma income statement projects future revenue and expenses, a tax return is a document filed with the government for tax purposes, and a balance sheet shows a company's assets, liabilities, and equity at a specific point in time.

Which One of the Following Is an Analysis of a Firm's