Define the positive cash flows and negative cash flows


Response to the following:

1. What is meant by the terms positive cash flows and negative cash flows? How do they relate to revenues and expenses?

2. What are the three categories commonly found in a state- ment of cash flows, and what is included in each category?

3. What is meant by the statement that the financial statements articulate?

 

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Financial Accounting: Define the positive cash flows and negative cash flows
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