Explain why statements of cash flows are important when assessing the financial strength of an organization..
Write a 700-word paper an in-depth introduction and conclusion in which you address the following:
- Answer Question 1 in Ch. 23 of Intermediate Accounting.
- (What is the purpose of the statement of cash flows? What information does it provide?)
- Explain why statements of cash flows are important when assessing the financial strength of an organization.
This is the book we are using in class:
