question archive Why is the statement of cash flows useful to the analyst? a
Subject:AccountingPrice: Bought3
Why is the statement of cash flows useful to the analyst? a. It is the only source in financial statements for learning about cash generation. b. Focusing on net income can be misleading if a company has a healthy profit, but cannot translate the profit into cash. c. The statement of cash flows reveals why a company was able to generate a profit. d. Both (a) and (b).