If a firm presents an income statement and a balance sheet, Financial Management

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If a firm presents an income statement and a balance sheet

1. If a firm presents an income statement and a balance sheet, why is it necessary that a statement of cash flows also be presented?

2. Into what three categories are cash flows segregated on the statement of cash flows?

3. Using the descriptions of assets, liabilities, and stockholders' equity, summarize the changes to these accounts for cash inflows and changes for cash outflows.

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Financial Management: If a firm presents an income statement and a balance sheet

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Financial Management: If a firm presents an income statement and a balance sheet

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