Purpose of the Statement of Cash Flows
Completion requirements
Read the Chapter 12 Introduction, then click "Next Section" to read Section 12.1. The CEO of Home Store wants to know “where has the money gone?" Home Store is profitable but there is no money in the bank. You will soon see a possible explanation.
The statement of cash flow provides cash receipt and cash payment information and reconciles the change in beginning cash and ending cash over a period of time.
Click on Purpose of the Statement of Cash Flows to open the resource.