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In: Accounting

The statement of cash flows is not useful for:   a. Determining a company's ability to...

The statement of cash flows is not useful for:

  a. Determining a company's ability to pay its debts.  
  b. Planning future investing and financing activities.  
  c. Determining a company's ability to pay dividends.  
  d. Calculating the net worth of a company.

Solutions

Expert Solution

The correct answer is option \(\mathrm{D}\).

Cash Flow is not useful for calculating the net worth of the company.

ekkarill92 answered 2 years ago
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