Business Finance
business and finance question

Question Description

Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does each section tell you about the operations of a company? 350 word respond

Final Answer

Thank you for the opportunity to help you with your question!

Budgets will include proposed fixed asset requirements and how these expenditures will be financed. Capital budgets are often adjusted annually (done every year) and should be part of a longer-term Capital Improvements Plan.

Please let me know if you need any clarification. I'm always happy to answer your questions.

kenneh k (-3)
Boston College

Anonymous
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