which of the following financial statements is the main tool for figuring out how much money is needed to bring a business to th

Question

Allisa [31]

2 years ago

4

which of the following financial statements is the main tool for figuring out how much money is needed to bring a business to th

e point of being self-financing?

Business

2 answers:

HACTEHA [7] · Answer 1 · 2023-04-06T08:07:06+03:00

<span>Which of the following financial statements is the main tool for figuring out how much money is needed to bring a business to the point of being self-financing? Cash flow statement. The cash flow statement is also known as the statement of cash flows. This statement shows how changes within the balance sheet accounts affect cash and cash activities. The cash flow statement will show operating, investing and financing additives that belong to the firm. </span>

Vikki [24] · Answer 2 · 2023-04-06T10:12:09+03:00

Answer:

The correct answer is: Cash Flow Statement.

Explanation:

Cash flow refers to the movements of cash into or out of an account, a business or an investment. The Cash Flow Statement is the accounting document where all those transactions are recorded so investors can have an idea of how well a company is doing and what may be needed to improve or keep the company's current situation.