A statement of cash flow:
a. lists all income and expenses for a given time period.
b. involves forecasting the cash value of the retailer's inventory.
c. involves forecasting the present value of accounts receivable.
d. explains the changes in cash and cash equivalents from one accounting period to the next by showing all cash inflows and all cash outflows for the given time period.
e. shows if the firm made money over a given time period.
Answer: D