"synopsis" may belong to another edition of this title.
To clearly understand your company's ability to cover expenses and liabilities, as a business owner you must regularly assess the cash flow statement. So
what exactly is a cash flow statement? A cash flow statement records a company's cash inflows and outflows. Stated differently, this statement presents the
amount of cash and cash equivalents entering and leaving your company during a specified time frame. The cash flow statement enables you as the owner, your
managers, bankers and suppliers to view your company's operations from a cash perspective. Thus, all better understand how smoothly (or not) the company
runs its operations, where growth funding is or will come from, and how wisely your firm spends its money. The cash flow statement breaks down the cash
inflows and outflows into three sources of cash - operations, financing and investing.
"About this title" may belong to another edition of this title.
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