Business FinancesQuestion 317 of 1605
Which financial statement specifically shows how cash moved into and out of the business during a period?
a.Balance sheet
b.Income statement
c.Job cost estimate
d.Cash flow statement
Explanation
The cash flow statement reports cash inflows and outflows from operating, investing, and financing activities. A profitable contractor can still run short of cash, which this statement reveals.
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Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)