A(n) _____ is a summary of the money flowing into and out of a firm.
A)balance sheet
B)short-term budget
C)income statement
D)statement of cash flows
E)annual stockholders' report

Question

Quizplus · Accepted Answer

The statement of cash flows is a financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company, thus providing a view of its liquidity and solvency.

A(n) _____ Is a Summary of the Money Flowing into and Out