7 A senior financial executive for a large public company remarked to a stock market analyst:

I don’t know why you people worry so much about what is in our statement of cash flows. Managing cash flow is our responsibility as managers; it involves paying close attention to cash on a daily basis.

Why don’t you pay attention to our profit and just forget about cash flow? We’ll look after that!

Respond to the executive’s comments. You do not have to agree or disagree entirely.