Cash flow statement

Anonymous
timer Asked: Feb 6th, 2018
account_balance_wallet $5

Question description

Discuss the interrelationship of the cash flow statement to the other financial statements. In your discussion comment and explain operating activities, investing activities, and financing activities. What is the difference between an indirect and a direct cash flow statement? Which is GAAP?

In 300-400 words

Tutor Answer

Eminadokip1
School: New York University

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7 February 2018

The cash flow statement, statement of financial position and statement of
financial performance are altogether interrelated. The profit and loss statement portrays how the
assets and liabilities were utilized as during the financial period. The cash flow statement
clarifies money inflows and outflows, and it will eventually uncover the measure of money the
organization has at a particular time, which is likewise revealed and indicated in the statement of
financial position of the company. Independent from anyone else, each monetary proclamation
just gives a segment of the story of an organization's budgetary ...

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