(Answered) The purpose of the cash flow statement to the business is

Finance

The purpose of the cash flow statement to the business is to allow the company to effectively operate and that the cash flow statement provides an overview of the cash activities which will aid with borrowing prospects and help the business monitor its ability to grow, (Atrill, P. & McLaney, E., 2017).

What are you thought on how cash personally contribute and affect your personal life and if you decided to start-up a business? In your view, how could cash flow statement help and hurt a business?

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