Marlot Limited reported the following information on cash flow for the year 2022. $ Cash flows from
Question:
Marlot Limited reported the following information on cash flow for the year 2022.
$
Cash flows from operations (800 000)
Cash flows from investing activities 200 000 Cash flows from financing activities 601 000 Net cash flows 1 000 Opening cash balance 260 000 Closing cash balance 261 000 1 Does Marlot Limited appear to be expanding or contracting its operations?
2 Describe the activities that could explain the increases in cash flow for financing activities.
3 Using only the cash flow information presented, make an assessment of the condition of Marlot Limited. Is it growing, mature/stable or declining? State reasons for your answer (including any assumptions you make).
Step by Step Answer:
Fundamentals Of Accounting And Financial Management
ISBN: 9780170454797
8th Edition
Authors: Professor Ken Trotman, Kerry Humphreys