14. Use Standard & Poor's Market Insight website (www.mhhe.com/ edumarketinsight) for this problem. Yahoo Inc. reported a

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14. Use Standard & Poor's Market Insight website (www.mhhe.com/ edumarketinsight) for this problem. Yahoo Inc. reported a $92.8 million. loss in 2001.

a. Does this necessarily mean the company's operating activities con- sumed cash in 2001? Explain.

b. Looking at the company's 2001 Annual Statement of Cash Flows, did operating activities consume cash or generate cash? How much?

c. What was Yahoo's single largest operating source of cash in 2001? Explain how this could be a source of cash.

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