Wednesday, September 26, 2007

Why the Statement of Cash Flows Matters - TheStreet.com University - The Finance Professor - APPB - BAC

Ironically we just did this today in my Advanced Corp Fin class...So for them it is required reading :)

Why the Statement of Cash Flows Matters - TheStreet.com University - The Finance Professor - APPB - BAC:
"A company's statement of cash flows creates a bridge -- or reconciliation -- between a company's cash balances from one accounting period to another. The statement of cash flows is important to investors because it provides insight into how a company generates and expends cash, and ultimately, its ability to return value to shareholders."

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