38) How would managers use the information reported in the statement of cash flows? 39) What should all companies prepare in order to anticipate liquidity problems? 40) Delgado, Inc. wants to...

38) How would managers use the information reported in the statement of cash flows?

39) What should all companies prepare in order to anticipate liquidity problems?

40) Delgado, Inc. wants to apply for a bank loan. Delgado gave an income statement and balance sheet to the bank. However, the bank wants a statement of cash flows as well. Explain why the bank wants a statement of cash flows and how the statement is organized.

41) What are the four basic financial statements, and what do they report?