The statement of cash flow explains the changes that took place ...

[rmenurse]

The statement of cash flow explains the changes that took place in the firm's cash balance over the
  period of interest.
 
  Indicate whether the statement is true or false

Question 2

An understanding of how the company's cost of capital is determined is one of the fundamental concepts that a nonfinancial manager should understand in order to:
 
  A) better assess the current environment in which the firm operates.
  B) better assess future financing requirements.
  C) better understand the role of capital markets in raising long-term funds.
  D) better measure and create value for the shareholders.

[Sophiapenny]

Answer to Question 1

TRUE

Answer to Question 2

B