Question
Analyzing Cash Flow Data. Presented below is cash flow information for two competitorsThe Wayne Corporation and The Green Company (amounts in thousands): Operating Cash Flow
Analyzing Cash Flow Data. Presented below is cash flow information for two competitorsThe Wayne Corporation and The Green Company (amounts in thousands):
Operating | Cash Flow From | Cash Flow From | Cash Flow From | |
---|---|---|---|---|
Company | Profit | Operations | Investing | Financing |
Wayne Corporation | $(9,075) | $(1,980) | $(1,040) | $623 |
Green Company | (4,470) | (4,890) | 2,253 | 2,714 |
a. The Wayne Companys primary source of cash is its: Answer 1. Operating activities 2. Investing activities 3. Financing activities b. The Green Company has negative cash flow related to its: Answer1. Operating activities 2. investing activities 3. Financing activities Note: For c. and d. enter decreases as negative numbers. c. The change in the cash balance for The Green Company is: $_____ thousand d. For the Wayne Corporation, the change in its cash balance is: $_____ thousand e. Select Tue or False: The add-back of noncash expenses such as depreciation and amortization is a possible cause of the difference between Wayne Corporation's cash flow from operations and its operating loss. Answer True False
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