4 ms·
I think the point is they should have shown a cash flow statement.
by slededit 9y ago
I think the point is they should have shown a cash flow statement.
- rahimnathwani 9y agoYou don't need a cash flow statement to show revenue. And if the cash flow statement is prepared using the indirect method (start with net profit, and adjust non-cash items) it may not even show revenue at all.
- slededit 9y agoYou don't, but it works a hell of a lot better than a subset of a balance sheet at a single point in time.
- rahimnathwani 9y agoProbably, but sometimes both will be equally useless.
- boomboomsubban 9y agoWhy isn't a consolidated cash flow statement enough?