Question

8. Discuss the uses and limitations of cash flow statement​

Answer 1

Explanation:

Fails to Present Net Income: ...

(b) Fails to Assess the Liquidity and Solvency Position: ...

(c) Neither a Substitute of Funds Flow Statement nor Income Statement: ...

(d) Not to Assess Profitability: ...

(e) Does not Conform with the Companies Act: ...

(f) Does not Assess Future Cash Flows

uses

Cash Flow Statement helps the management to ascertain the liquidity and profitability position of businesses. Liquidity refers to one's ability to pay the obligation as soon as it becomes due. ... Cash Flow Statement also helps to verify the capital cash balance of businesses.

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