3. Cash Flow Statement Analysis

Review the cash flow statement of LMN Corporation for the year 2023:

• Cash Flow from Operating Activities: $4,500,000
• Cash Flow from Investing Activities: ($2,000,000)
• Cash Flow from Financing Activities: $1,000,000
• Beginning Cash Balance: $500,000

Requirements:

1. Calculate the Net Cash Flow for the year.
2. Determine the Ending Cash Balance.
3. Analyze the major components of cash flows and their implications.
4. Assess the company's ability to generate cash from operations.
5. Evaluate the investment and financing activities' impact on cash flow.