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Ellis Pharmaceuticals, LLC cash flow statements are as follows: Description 2019 2018 2017 2016 Beginning Cash 511 452 103 100 Cash from Operating -58 -115
Ellis Pharmaceuticals, LLC cash flow statements are as follows:
Description | 2019 | 2018 | 2017 | 2016 |
Beginning Cash | 511 | 452 | 103 | 100 |
Cash from Operating | -58 | -115 | -205 | -415 |
Cash from Investing | -179 | 105 | 116 | 203 |
Cash from Financing | -216 | 69 | 438 | 215 |
Net Change in Cash | -453 | 59 | 349 | 3 |
Ending Cash | 58 | 511 | 452 | 103 |
Choose one assertion we cannot make from this data:
A. | The cash drain has ended. | |
B. | Ellis has been selling assets until 2019. | |
C. | Ellis either borrowed money or sold equity in 2017. | |
D. | Ellis most likely repaid debt in 2019. |
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