Gives details about the company’s cash at the beginning of the year and what is left at the end of the year, including some details about where cash was generated and where it was used during the course of the year.
Statement of Cash Flows
What is Statement of Cash Flows?
A cash flow statement is a type of financial statement that gives total information about all of the cash inflows a business makes from continuing activities and outside investment sources. It also includes any cash outflows made within a specific time period to cover investments and business expenses. Key cash flow calculations to be aware of:
Net income plus depreciation and amortization, changed working capital, and capital expenditure are all included in free cash flow. Operating Cash Flow is calculated by adding operating income to depreciation, taxes, and any changes to working capital.
Therefore,
Gives details about the company’s cash at the beginning of the year and what is left at the end of the year, including some details about where cash was generated and where it was used during the course of the year.
Statement of Cash Flows
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