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Whay is the importance of the statement of cash flow in the financial management of an organization?

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Whay is the importance of the statement of cash flow in the financial management of an organization?
Answered Same Day Dec 23, 2021

Solution

Robert answered on Dec 23 2021
128 Votes
SOLUTION
Cash flow statement is the statement that shows changes in cash during the particular year and also
gives detailed information of operating, investing and financing activities of the organization. It is most
important tool of financial statement analysis in the hands of the management as this statement
provides them...
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