Question

As a shareholder of Syder Corporation, Carl wants to know whether the company had earned a profit over the last financial year. He begins by looking into the net income of the company to know if it has sufficient amount of money to pay off the workers and suppliers and also the amount of money remaining with the owners. In this scenario, Carl is looking at Syder Corporation's _____.

Answer 1

statement of cash flows

Step-by-step explanation:

Cash flow statement -

It shows the change in the income affect cash and balance sheet accounts and the cash equivalents and breaks the analysis down to financing activities , investing and operating .

the major role is with the flow of cash in and out of the business .

hence , from the information of the question , the correct term is , statement of cash flows or Cash flow statement .