Which financial statement reports the amounts of cash that the firm generated and distributed during a particular time period?
A) Balance Sheet
B) Income Statement
C) Statement of Retained Earnings
D) Statement of Cash Flows

Question

Quizplus · Accepted Answer

The Statement of Cash Flows reports the amounts of cash that a firm generated and distributed during a particular time period. It helps investors and analysts to assess the liquidity and financial health of the company. The other financial statements (Balance Sheet, Income Statement, and Statement of Retained Earnings) do not provide information on cash flows.

Which Financial Statement Reports the Amounts of Cash That the Firm