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MyVeryOwnBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to

MyVeryOwnBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. Year ending December 31 Cash flow from operations Cash flow from investing Cash flow from financing Net change in cash Cash, beginning of year Cash, end of year Profit for the year 2021 2020 2019 5,000 20,000 40,000 25,000 10,000 5,000 35,000 5,000-25,000 65,000 25,000 10,000 167,000 142,000 132,000 232,000 167,000 142,000 1,000 15,000 35,000 The next five questions relate to the cash flow statements below. The rest of the questions in this section of the exam are independent. Question 1 (1 point) Which section of the cash flow statement is considered the most important? Why? a) financing, because it shows how much the company has borrowed b) the change in cash, because it shows the year-over-year difference Od operating, because it is the only sustainable source of cash d) investing, because it shows how much the company has spent on long-lived assetsimage text in transcribed

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