reconciliation of historical cash flow statement required for financial modeling?
Hi all - just a quick question about the statement of cash flows. Is it necessary to reconcile the historical cash flow statements for financial modeling? (By reconcile, I mean making sure the change in cash equals the change in cash that is found on the balance sheet.)
Is this required or is it just the projected cash flow statements that need to be fully (and correctly) integrated with the income statement and balance sheet? Thank you in advance!
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