=+Kelly: No, no. Im not suggesting that we cook the books. But look at the cash flow

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=+Kelly: No, no. I’m not suggesting that we “cook the books.” But look at the cash flow from operating activities on the statement of cash flows. The cash flow from operating activities has increased by 20%. This is very good news—and, I might add, useful information. The higher cash flow from operating activities will give our creditors comfort.

Tripp: Well, the cash flow from operating activities is on the statement of cash flows, so I guess users

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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