Business Studies, asked by madrox, 1 year ago

Advantages of a cash flow statement are as under

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Answered by ana19

The advantages of Cash Flow Statement are: (a) Ascertaining Liquidity and Profitability Positions:Cash Flow Statement helps the management to ascertain the liquidity and profitability position of a firm. Liquidity means one's ability to pay the obligation as soon as it becomes due.

madrox: It's correct??

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