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Q 1 . What were the firm s major sources of cash? Its major uses of cash? Q 2 . Was cash flow from operations
Q What were the firms major sources of cash? Its major uses of cash? Q Was cash flow from operations greater than or less than net income? Explain in detail the major reasons for the difference between these two figures. Q Were the working capital current asset and current liability accounts other than cash and cash equivalents primarily sources of cash, or users of cash? Q What other major items affected cash flows? Q What was the trend in net income? Q What was the trend in Cash flow from continuing operations? Q What was the trend in working capital accounts? Please answer all.Exhibit Gamma Corporation, Consolidated Statements of Cash Flows $ thousand
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