"Cash Is King" for all businesses Woucindetemine a compary's cash situation by analyaing the cash flow staternent. The cash flow statement aiso helps determine whether the company ( 2 ) is generating enough cash from its eperations to make new inwatmenta and pay dividends or (2) will need to generate caph by issuing new debt or seling its asets. Which of the tellowing is true for the statement of cash flows? If reista revenues when earned. It reflects cash generatod and used during the reporting period. Three cotegories of actwities (operating, investing, and financing) generate or use the cosh flow in a company, In the following table, identify which type of activity it described by each statemant. During the last yeac Lucicy Corp. generated \$1,170.00 miltien in cash flow from operating activities and had negative cash for generated from investing activites (-640.00 million). At the end af the first year, Lucky. Corp. had $200 million in cash on its balance sheat, and tha firm had s3so million in cash at the asd of the second year. What was the firmis cash flow (CF) due to financing sctivities in the secorid year? \$300.00 milion 30200.00 milion 3500,00m - 110n 3.400 .00 mittion