The ________ shows the change in the firm's working capital since the beginning of the year.
A)balance sheet
B)income statement
C)pro forma
D)statement of cash flows

Question

Quizplus · Accepted Answer

The statement of cash flows shows the change in the firm's working capital since the beginning of the year, along with other cash inflows and outflows. The balance sheet shows the current working capital at a given point in time, while the income statement shows the revenues and expenses incurred during a specific period. A pro forma is a financial projection or forecast.

The ________ Shows the Change in the Firm's Working Capital