Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN: 9781305635937
Author: Eugene F. Brigham, Joel F. Houston
Publisher: Cengage Learning
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Chapter 3, Problem 3DQ
Summary Introduction

To analyze: The changes in cash balance in two years based on the statement of cash flow.

Introduction:

A part of annual financial statements, the statement of cash flow is used to report the cash and changes in cash during the accounting period. It categories the cash flows in three parts that are cash from the operations, cash from financing and cash from the investing activities.

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Fundamentals of Financial Management, Concise Edition (MindTap Course List)

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