Final answer:
The statement is false because the statement of cash flows reports total cash flows in absolute terms, not on a per-share basis. Cash flow per share is a separate metric used for financial analysis. Option B is correct.
Step-by-step explanation:
The statement given, "A cash flow per share amount should be reported on the statement of cash flows," is false. The statement of cash flows is a financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
It does not report cash flow on a per-share basis; rather, it reports total cash flows in absolute terms. The cash flow per share is a separate metric used by analysts to assess the financial health of a company, which can be calculated by dividing cash flows from operations by the number of outstanding shares.
The statement of cash flows reports the cash inflows and outflows from operating, investing, and financing activities of a company. It does not report cash flow per share amount. Cash flow per share is a financial metric that is commonly used by investors to assess a company's financial health and performance. It is calculated by dividing the cash flow from operations by the weighted average number of shares outstanding.
Therefore, the correct answer is B. False.