The statement of cash flows summarizes the operating,investing,and financing activities of a business for a period of time.

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The statement of cash flows provides information on the changes in cash and cash equivalents of a business resulting from its operating, investing, and financing activities during a specified period of time. It helps users of financial statements assess the entity's ability to generate cash and its liquidity position.

The Statement of Cash Flows Summarizes the Operating,investing,and Financing Activities