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Unformatted text preview: company is doing, or how much more the company needs to make in order to be making a profit. The statement of cash flows is also a statement that I believe is an important statement because this would be able to tell if there is enough income in order to continue the regular routine operations of the company. The reason I chose the Income statements over the Statement of cash flows is because I feel that the income statements is a better way to see exactly what is being spent where, this way if costs need to be cut back, there is a general idea of where you can start on cutting back. The statement of cash flows only shows the payments and the receipts of moneys that come into the company versus what is being spent where....
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This note was uploaded on 10/28/2011 for the course BEH 225 taught by Professor Mrking during the Spring '09 term at University of Phoenix.
- Spring '09