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    jaimelynn's Avatar
    jaimelynn Posts: 1, Reputation: 1
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    #1

    Jul 20, 2009, 03:58 PM
    Statement of cash flow
    What is the purpose of the statement of cash flows?
    hamzashakaa's Avatar
    hamzashakaa Posts: 161, Reputation: 8
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    #2

    Jul 20, 2009, 11:25 PM

    Statement of cash flows helps investors and creditors assess the ability to generate future positive cash flows, ability to meet obligations and pay dividends , reasons for differences between net income and net cash receipts and payments.

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