Sources and Applications of Funds Statement

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Sources and applications of funds statement

See: Statement of cash flows

A statement indicating all cash flows for a given period of time. It shows the origin of all cash inflows; for example, it may differentiate revenue from sales and revenue from investments. The statement does the same for all cash outflows. A sources and applications of funds statement shows how well or how poorly a company uses its resources. It is more commonly called a cash flows statement.

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