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COMM 293 (6)
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Department
Commerce
Course
COMM 293
Professor
All Professors
Semester
Spring

Description
Cash flow statement The wallet of the business Covers a period of time vs a snapshot like income and retained earnings statements Accounts for cash transactions from 1 Operations 2 Financing and 3 Investing Cash is a LIQUID asset it can be exchanged easily Every cash transaction has categorizes into those three categories Cash is an asset on the Balance sheet Many investors look at the cash flow statements They state if the cash they earn can finance their regular obligations Liquidity is a term used to denote whether or not a business is generating CASH from its assets or is able to convert its assets into CASH quickly Cash flow is not
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