Preview (2 of 1 Pages)100%Purchase to unlockPage 1Loading page image...ACC206Week1DQ1CashFlowsInformationWhatinformationdoesthecashflowstatementprovidethatyoucannotseeintheotherfinancialstatements(incomestatement,balancesheet,owner’sequity)?Whatelementsofthecashflowstatementdoyouthinkaremostimportantforcompanymanagementtomonitorandwhy?Isthisdifferentforinvestors?GuidedResponse:Reviewyourpeers’postings.Respondtoatleasttwoofclassmates,lettingthemknowwhetheryouagreewiththeuseofthecashflowstatementandwhy.Additionally,shareelementsofthecashflowstatementthatyouseeasbeingthegreatestinteresttoinvestors(asopposedtointernalmanagement)andwhy.Whatinformationdoesthecashflowstatementprovidethatyoucannotseeintheotherfinancialstatements(incomestatement,balancesheet,owner’sequity)?Theinformationthecashflowstatementprovidesthatyoucannotseeinotherfinancialstatementisthatitprovidesinformationaboutoperating,investing,andfinancingactivities.Asourtextstates,“Thestatementalsoprovidesinformationaboutotherinvestingandfinancingactivitiesthatdonotdirectlyentailthegenerationorconsumptionofcash.Thus,thestatementalsoprovidesakeysourceofinsightaboutacompany'soverallinvestingandfinancingactions.Theobjectiveofthestatementistoprovideinformationthatishelpfulinassessingtheamounts,I~StudyXYPage 2Loading page image...DownloadedfromStudyXY.com®+StudyXYSdYe.o>\|iF’prE\3SStudyAnythingThisContentHasbeenPostedOnStudyXY.comassupplementarylearningmaterial.StudyXYdoesnotendroseanyuniversity,collegeorpublisher.Allmaterialspostedareundertheliabilityofthecontributors.wv8)www.studyxy.comReport