37586Please answer the following questions in detail.
If a firm presents an income statement and a balance sheet, why is it necessary that a statement of cash flows also be presented?
Using the descriptions of assets, liabilities, and stockholders’ equity, summarize the changes to these accounts for cash inflows and changes for cash outflows
What is the purpose of the statement of cash flows?
Would a write-off of uncollectible accounts against allowance for doubtful accounts be disclosed on a cash flow statement? Explain.
Note: Please provide a heading for each of these items. Your paper should be written in APA Style and be 3 to 4 pages in length. Please include at least three (3) reputable sources.
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