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slededit
8y ago
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I think the point is they should have shown a cash flow statement.
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rahimnathwani
8y ago
· 2 in thread
You don't need a cash flow statement to show revenue. And if the cash flow statement is prepared using the indirect method (start with net profit, and adjust non-cash items) it may not even show revenue at all.
slededit
OP
8y ago
You don't, but it works a hell of a lot better than a subset of a balance sheet at a single point in time.
rahimnathwani
8y ago
Probably, but sometimes both will be equally useless.
boomboomsubban
8y ago
Why isn't a consolidated cash flow statement enough?
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