Which statement summarizes cash inflows and outflows from operating, investing, and financing activities?

The Statement of Cash Flows provides a detailed summary of cash inflows and outflows categorized into three main activities: operating, investing, and financing. This financial statement is crucial for understanding the liquidity and cash management of a business over a specific period.

Operating activities include cash transactions related to the core business operations, such as receipts from sales and payments to suppliers and employees. Investing activities pertain to cash spent on or received from long-term assets, such as property, investments in other companies, or proceeds from the sale of assets. Financing activities detail cash flows related to borrowing and repaying debts, as well as transactions with the business's shareholders regarding equity.

In contrast, the Income Statement summarizes revenues and expenses over a period, but it does not specifically track cash movements. The Statement of Retained Earnings focuses on changes in equity related to retained earnings, explaining how profit or loss affects these earnings but lacks a detailed cash flow perspective. The Balance Sheet provides a snapshot of the company's financial position at a specific point in time, showing assets, liabilities, and equity but does not illustrate the flow of cash.

Thus, the Statement of Cash Flows is the correct choice, as it directly addresses the cash movements resulting from operating, investing, and financing activities,