What is the purpose of the statement of cash flows?

(a) it illustrates the profitability of a company.
(b) it reports the financial position of a company at a specific point in time.
(c) it outlines the changes in stockholders' equity accounts from the beginning of the period to the end of the period.
(d) it is intended to provide a cash-based view of a company.

(B) It reports the financial position of a company at a specific point in time.

Explanation:

answer/// sequence of operations that requires the longest time for completion';

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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