The statement of cash flows is presented on a working capital basis.

Name: The statement of cash flows is presented on a working capital basis.
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The statement of cash flows is presented on a cash basis, not a working capital basis. Working capital is a measure of a company's liquidity and is calculated as current assets minus current liabilities. The statement of cash flows focuses on the sources and uses of cash during a specific period of time.

The Statement of Cash Flows Is Presented on a Working