The four steps in preparing the statement of cash flows in the correct order includes:
- Calculation of net cash flows from operating activities.
- Calculation of net cash flows from investing activities
- Calculation of net cash flows from financing activities
- Combination of operating, investing and financing activities.
The cash flow statement is a financial statement that helps to summarizes the company's value cash and cash equivalents which enters and leaves the business.
The steps in preparing the statement of cash flows in order includes:
- Calculation of net cash flows from operating activities.
- Calculation of net cash flows from investing activities
- Calculation of net cash flows from financing activities
- Combination of operating, investing and financing activities.
Read more about this here
brainly.com/question/13979048