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Prepare a thorough analysis of Kitsch Wines statement of cash flows: EXHIBIT 3 : KITSCH WINES STATEMENT OF CASH FLOWS FOR THE YEAR DECEMBER 3
Prepare a thorough analysis of Kitsch Wines statement of cash flows:
EXHIBIT : KITSCH WINES STATEMENT OF CASH FLOWS FOR THE YEAR DECEMBER
tableOPERATING ACTIVITIESNet income,$$DepreciationAccounts receivable,InventoryPrepaid expenses,Accounts payable,Income taxes payable,Net cash flow from operations,tableFINANCING ACTIVITESBank loan payableDue to shareholders,Common stock,Shareholder contributions,DividendsNet cash flow from financing,INVESTING ACTIVITIESNet cash flow,Beginning cash,Ending cash,$$ a From to what cash was generated from operations and how was it generated? What are the largest sources and uses of cash? What does the cash flow statement tell you about Kitsch wines financing and investing patterns? What does this mean for the company going forward?
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