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Why is financial statement important and who could it

Answer each question with a high quality response. Please provide any reference that you use.

1. What is the Statement of Cash Flows and what information does it present? Also, what is the relationship between the statement of cash flows and the balance sheet?

2. Why is financial statement important and who could it benefit?

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Accounting Basics: Why is financial statement important and who could it

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Accounting Basics: Why is financial statement important and who could it

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