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Personal Finance Case 3 Part 2 Essay

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Personal Finance Case 3 Part 2 Essay
Case Study 3, Part II. Nataliia Dushkevych
2. The three sections of a Cash Budget were included are:
- Cash Flow from Operating Activities;
- Cash Flow from Investing Activities;
- Cash Flow from Financing Activities.
3. There are several reasons why Cash Budget is so vital to the company. The purpose of statement of cash flow is to report cash receipts and cash payouts during a period. This includes separately identifying the cash flows related to operating, investing and financing activities. Information in this statement helps users how to obtain its cash, where does a company spend its cash and explains the change in the cash balance. Information about cash flow helps users decide whether a company has enough cash to pay its existing
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