Respond to each classmate 100 words a piece Classmate 1 The income statement shows the income and expenses of an organization that produces a net income of financial gain or loss. The finding of fin
The cash flow statement provides an accurate view of a firm’s overall liquidity by showing the cash transactions from business activities. This system is an expression of utilizing the financial resources in other to develop the company’s business objective. It reports every cash inflow and outflow within a given time. Scott Besley, Eugene F. Brigham. (2015). “People experienced in estimating equity capital cost recognize that both careful analysis and sound judgment are needed” (Pg. 455).
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