The statement of cash flows identifies cash receipts and disbursements that result in business activity.
The statement of cash flows is a financial statement that lists the company's cash inflows and outflows during a specific time period. The cash inflow and outflow that arise from business operations are represented by cash flow.
The statement of cash flows gives users of the financial statements the ability to assess how effectively a company's income generates cash and to forecast its capability to do so in the future. The statement of cash flows is a financial statement that lists the company's cash inflows and outflows during a specific time period. The cash inflow and outflow that arise from business operations are represented by cash flow.
To know more about Cash flow statement visit:
https://brainly.com/question/13183880
#SPJ4