The statement of cash flows allows the financial manager and other interested parties to analyze the firm's past and possibly future profitability.

Name: The statement of cash flows allows the financial manager and other interested parties to analyze the firm's past and possibly future profitability.
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Question

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The statement of cash flows primarily provides information about a company's cash inflows and outflows, not its profitability. Profitability is typically analyzed using the income statement.

The Statement of Cash Flows Allows the Financial Manager and Other