ACCT202-well explained, precise and clear. - 75113

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  • Posted on: Sun 21 Sep, 2014
  • Request id: # 75100
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i) Interrelationship between the cash flow and the other financial statements. Cash flow is used in conjunction with the other financial statements to provide information that enables users to evaluate the changes in net assets of an enterprise, its financial structure including liquidity and solvency and its ability to affect the amounts and timing cash flows in order to adapt circumstances and opportunities. For an enterprise to operate efficiently, investing in a certain level of investment is usually necessary. Nevertheless, for it to operate effectively and be able to inv