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Dahasolnce [82]
2 years ago
12

Common uses of the statement of cash flows include all but which of the following?

Business
1 answer:
Sphinxa [80]2 years ago
8 0

Answer: Option D

Explanation: Cash flow statement is a type of financial statement which shows the sources and uses of cash  for a specified period in the form of cash inflows and outflows.

Cash flow statement is used by the management to evaluate the performance and for making plans for future. It is also used by potential investors for evaluation purposes.

Government do not need cash flow to asses ability of the company. The tax obligation on a company is calculated on its income which is shown by other financial statements like income statement.

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Focus strategy.

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General Steel wants to install technology into its logistics management system. This technology will enable General Steel to gai
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