QUESTION 1: Describe what the cash flow statement shows? QUESTION 2: Explain why cash is important? QUESTION 3: A person wonders why the profit after tax is not the same as the cash flows from operating activities. Explain to a person two reasons why these two numbers are usually different and provide an example for each difference?

Q: What exactly does the word "cash flows" refer to? Explain why the statement of cash flows provides…

A: Cash flow: Cash flow is the flow of cash of the organisation  There are two types of cash flows: 1.…

Q: Give an example of a cash flow that is not on the income statement. How do you determine the…

A: Cash Flow Statement:   It is a financial statement prepared by a company to report their cash…

Q: a. What is the net cash provided by operating activities? b. What is the net cash provided by…

A: Cash flow statement is one of the financial statement that is being prepared for business and it…

Q: What are three concerns   the financial manager should be aware of when analyzing a balance sheet, &…

A: a)  When analyzing a balance sheet, the financial manager should be aware of three concerns: 1.…

Q: What are Cash Flows? Explain why the statement of Cash Flows provides useful information that goes…

A: The financial statements of a company are prepared by the management to deliver the financial…

Q: In which direction (positive or negative) would you normally expect each of the following cash flow…

A: The cash flow statement indicates the inflow and outflow of cash within the company in the…

Q: B) Explain THREE (3) reasons why there can be significant differences between the profit a) reported…

A: The income statement is prepared to find the net income or loss incurred during the period and cash…

Q: Which of the following is not an operating cash flow? collection of cash from receivables payment of…

A: Cash flows from operating activities: It is a section of Statement of cash flow that explains the…

Q: Why do investors find both income statement and statement of cash flows useful? critically examine…

A: carried out in a business i.e. operating activities, investing activities and financing activities.…

Q: Examine the current literature to determine how the income statement and the statement of cash flows…

A: This question explains about the income statement and the statement of cash flows differ in terms of…

Q: If the indirect method is used, which of the following is a proper adjustment to net income to…

A: Financial statements are those reports and statements that are prepared at the end of accounting…

Q: nalysts pay so much attention to the Statements of Cash Flows versus the Income Statement?

A: Income statement shows the profit and loss over the period after deductions of expenses from the…

Q: Which of the following is a source of cash flows? * O Taxes. O Cost of goods sold. O Depreciation. O…

A: Source of Cash flows in cash inflow into the organisation. Depreciation is a non cash expense.…

Q: what are the differences between the income statement and statement of cash flows and can you show a…

A: The financial statements of a company are prepared to measure the financial performance of the…

Q: Why is the statement of cash flows required as part of the set of external financial statements?…

A: Statement of cash flows is a statement which is used to see the flow of cash of the business under…

Q: When preparing a statement of cash flows (indirect method), which of the following is not an…

A: A change in income taxes payable Operating activity   A change in dividends payable Financing…

Q: Review the income statement below and describe what its showing. Also explain why an income…

A: Income statement is the statement which shows the profit and loss earned during the year. All…

Q: "cash flows

A: "Cash flows" mean the inflows or outflows of cash and cash equivalents as a result of business…

Q: net cash provided by financing activities

A: Financing activities include issue of shares, bonds, their redemption, borrowings, repayment of…

Q: . Explain why the income statement is a change statement? Also, provide a brief explanation of the…

A: An income statement is one of three major financial statements in a business or organization. An…

Q: xplain to Paulo Jr. two reasons why these two numbers are usually different and provide an example…

A:

Q: In which direction (positive or negative) would you normally expect each of the following cash flow…

A: Cash flows are net amount of money generated by business.   When the cash…

Q: How much is the net cash flows from operating activities?

A: The cash flow statement is one of the important financial statements that have to be prepared by the…

Q: why is income tax expense shown in the income statement different from the income tax paid shown in…

A: Income statement: The financial statement which reports revenues and expenses from business…

Q: Question 1 How much is the net cash provided by operating activities? Question 2 How much is the…

A: Cash flow is the statement that depicts the inflow and outflow of cash and cash equivalent during…

Q: cash generated from operations usually larger than net profit

A: Cash generated from operations is the amount of cash received in respect of operating activities.

Q: Why are income statements and cash flow statements both valuable to investors? Analyze the income…

A: This question explains about operational operations, investment activities, and financing activities…

Q: Perhaps the most noteworthy item reported on an income statement is net income—the amount by which…

A: Income Statement:   It is a financial statement prepared by an organization to report the net profit…

Q: What is the difference between an income statement and a cash flow statement? Please also explain…

A: Cash flow statement: It is a statement which reports the cash inflows and outflows of a business…

Q: What is the cash flow statement using the indirect method?  2. What is the free cash flow for this…

A: Statement of cash flows is a part of financial statements of a company and is prepared for the…

Q: What is the difference between the Income Statement and the Cash Flow Statement?     There is no…

A: The cash flows statement and income statement both are parts of the financial statements.

Q: Paulo Jr. wonders why the profit after tax is not the same as the cash flows from operating…

A: Cash flow statement is a statement which shows the cash inflow and outflow of the company during a…

Q: 1. How do you reconcile or connect the balance sheet and the income statement? Your answers should…

A: Since you have posted multiple questions , we will do the first question for you . If you want any…

Q: When calculating the cash flows from operating activities which of the following statements is true?…

A: Cash flows from operating activities states that how much cash comes into the business and went out…