Accounting · Funds Flow Statement
The primary purpose of preparing a Funds Flow Statement is to:
- 1Calculate the net change in cash balance between two dates
- 2Analyze the sources and applications of 'Working Capital' over a period✓
- 3Assess the change in the company's long-term fixed assets
- 4Determine the net profit or loss for the accounting period
Correct answer
Analyze the sources and applications of 'Working Capital' over a period
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