Cost Controls:

Problem 8 Shown below are totals of the three sections from the SCF for the Nanood Motel for the year just ended. Analyze this information and prepare a report indicating your opinion regarding its sources and uses of cash and their impact on the future of the company. Your conclusions and recommendations should be supported with proper explanations and assumptions. Statement of Cash Flows Net cash provided by operating activities $ 5,000 Net cash used by investing activities (50,000) Net cash provided by financing activities $100,000 Increase in cash for the year 55,000 Cash at beginning of year 15,000 Cash at end of year $ 70,000