The statement of cash flow is not useful for _________________.
Determining companies ability to pay its debts
Determining companies ability to pay dividends
Planning future investing and financing activities
Calculating the net worth of the company

Question

The statement of cash flow is not useful for _________________.
Determining companies ability to pay its debts
Determining companies ability to pay dividends
Planning future investing and financing activities
Calculating the net worth of the company

Toppr Admin · Accepted Answer

Cash flow statement is the financial statement that presents the cash inflows and outflows of a business during a given period of time- It is equally as important as the income statement ad balance sheet for cash flow analysis but it is not useful for checking net worthiness of the company-

The statement of cash flow is not useful for _________________.Determining companies ability to pay its debtsDetermining companies ability to pay dividendsPlanning future investing and financing activitiesCalculating the net worth of the company

Cash flow statement is the financial statement that presents the cash inflows and outflows of a business during a given period of time. It is equally as important as the income statement ad balance sheet for cash flow analysis but it is not useful for checking net worthiness of the company.

The statement of cash flow is not useful for _________________.
Determining companies ability to pay its debts
Determining companies ability to pay dividends
Planning future investing and financing activities
Calculating the net worth of the company