Name 3 major sections of a Cash Flow Statement and discuss why it is useful to managers.Define Sources and Uses in regards to cash flow...

There are three major parts of a cash flow statement: cash
flow related to operational expenses, cash flow related to investing activities, and
cash flow related to financing activities.  This type of information is particularly
important to executives who might be trying to determine if a company can support some
type of business expansion plan.  Cash flow related to operational expenses would
include money spent to purchase inventory or pay rent, as well as money taken in
exchange for the goods and services produced by the company.  Cash flow related to
investing would be related to the purchase and sale of non-current assets (building or
equipment purchases, sales of investments).  Finally, cash flow related to financing
would include money related to the purchase and/or sale of bonds, issuing stock and
paying out dividends).  In addition to being important to executives, any employee would
probably do well to understand the financial position of his/her employer to understand
the possibilities for future growth with the organization.