List the four steps in preparing a statement of cash flows in the correct order. Instructions Choice 1 of 4. determine the net cash flows from financing activities toggle button determine the net cash flows from financing activities Choice 2 of 4. determine the net cash flows from investing activities toggle button determine the net cash flows from investing activities Choice 3 of 4. calculate the net cash flows from operating activities toggle button calculate the net cash flows from operating activities Choice 4 of 4. combine operating, investing, and financing activities toggle button combine operating, investing, and financing activities

Respuesta :

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.

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