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In this article Edwards attacks the cosmological argument, specifically Aquinas's causal and contingency versions, holding that the argument fails at several points. Against the causal argument, he argues that the premise asserting the impossibility of an infinite series is false. Even if the argument were sound, he says, it would not prove the existence of a single first cause because a plurality of causes cannot be ruled out. Furthermore, the argument is not helped by the theist's distinction between causes that bring something into existence (causes in fieri) and causes that sustain something in existence (causes in esse). Some defend the causal argument by insisting that even if there were an infinite series of causes, there still must be an ultimate cause of the series as a whole. Edwards counters that such notions rest on the "erroneous assumption that the series is something over and above the members of which it is composed." Against the contingency argument, Edwards maintains that to explain a contingent phenomenon, we do not need to posit a necessary being and that those who make such a demand beg the question at issue.
-Paley's argument, if cogent, proves that the designer of the world has infinite wisdom.
Statement Of Cash Flows
A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
Net Cash
The total amount of cash available after all cash inflows and outflows have been accounted for during a specific period.
Financing Activities
Transactions involving obtaining resources from creditors and repaying them, as well as equity transactions with investors.
Net Cash
The amount of cash available after accounting for cash inflows and outflows over a period.
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