Investors and creditors would find the statement of cash flows least useful in assessing
A) financial position at a point in time.
B) need for additional financing.
C) ability to pay dividends and liabilities.
D) ability to generate positive future cash flows.
A
Business
You might also like to view...
Which of the following is true about a memorandum?
A) It must be favorable to the client. B) It must be favorable to the plaintiff. C) It must be favorable to the defendant. D) It must be neutral and objective.
Business
Why is Europe's population growing so slowly?
A) decline in birthrates B) increase in death rates C) out-migration to other regions D) AIDS infection E) Europe is actually growing rapidly today.
Business