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2. The 2020 Cash Flow Statement for the Qian-Wang Trading Company is summarized below. Cash Used (Gained) in Operating Activities: -$1,550,680 (outflow) Cash Used (Gained)
2. The 2020 Cash Flow Statement for the Qian-Wang Trading Company is summarized below. Cash Used (Gained) in Operating Activities: -$1,550,680 (outflow) Cash Used (Gained) in Investing Activities: -$950,890 (outflow) Cash Used (Gained) in Financing Activities: $1,425,200 (inflow) Briefly explain each of these numbers and whether or not they should be a concern for Qian-Wang (3 C for correctly explaining the numbers, 3 T for evaluating areas of concern - Co6 points total)
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