Asked by Brayan Checo Rosario on Apr 27, 2024

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The statement of cash flows reports:

A) Assets,liabilities,and equity.
B) Revenues,gains,expenses,and losses.
C) Cash inflows and cash outflows for an accounting period.
D) Equity,net income,and dividends.
E) Changes in equity.

Statement Of Cash Flows

A financial statement that summarizes the cash inflows and outflows for a company, showing how its cash levels change over time.

Cash Inflows

The total amount of money being transferred into a business, typically from operations, investments, and financing activities.

Cash Outflows

Payments or expenditures made by a business, resulting in a decrease in cash holdings.

  • Understand the definition and purpose of the statement of cash flows.
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DC
Diedra CampbellMay 03, 2024
Final Answer :
C
Explanation :
The statement of cash flows reports the cash inflows and outflows for an accounting period, including operating, investing, and financing activities. It does not report assets, liabilities, equity, net income, dividends, or changes in equity directly.