A cash flow statement uses this equation: Total cash received during the time period - Cash outflows during the time period = Cash surplus (deficit).

Name: A cash flow statement uses this equation: Total cash received during the time period - Cash outflows during the time period = Cash surplus (deficit).
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

The cash flow statement calculates the net cash flow by subtracting total cash outflows from total cash received, resulting in either a cash surplus or deficit.

A Cash Flow Statement Uses This Equation: Total Cash Received