Identify and briefly explain the three types of activities shown in the statement of cash flows.

What is the statement of cash flows, and what are some questions it
is designed to answer?
If a company has high cash flows, does this mean that its cash and
equivalents will also be high? Explain.
Identify and briefly explain the three types of activities shown in the
statement of cash flows.

What is the statement of retained earnings, and what information
does it provide?
Why do changes in retained earnings occur?
Explain why the following statement is true: “The retained earnings
account reported on the balance sheet does not represent cash and is
not ‘available’ for dividend payments or anything else