We have emphasized the income statement in this module. A third financial statement the statement of cash flow is also important. How is the cash flow statement different and what is its purpose?Do research on the Internet and show the reference for
We have emphasized the income statement in this module. A third financial statement the statement of cash flow is also important. How is the cash flow statement different and what is its purpose?Do research on the Internet and show the reference for the information. Dont forget to respond to a colleagues posting also.Professors Note: In addition to searching the Internet for text related to this threaded discussion please watch the following videos (click on the following link to access these videos) and post your comments.http://www.youtube.com/watch?v=mr1Mu_z_N4o What is cash flow?http://www.youtube.com/watch?v=38WcNba0Ic0 Cash Flow 1 Statement of Cash Flows FormatGrading Criteria: Try to add information not previously discussed by others. Please provide factual information (not merely opinions) backed up by details or examples. Your comments should be in your own words and include references.