The statement of cash flows helps investors and creditors assess both the cash and noncash aspects of a company's investing and financing activities.

Question

Quizplus · Accepted Answer

The statement of cash flows provides information about the sources and uses of a company's cash and helps investors and creditors understand the company's cash position, as well as the noncash financing and investing activities that affect the company's liquidity.

The Statement of Cash Flows Helps Investors and Creditors Assess