What information does a firm's statement of cash flows provide to the viewing public?

A. a report of investments made and their cost for a specific period of time

B. an itemization of all of a firm's assets, liabilities, and equity for a defined period of time

C. a report of revenues and expenses for a defined period of time

D. a report documenting a firm's cash inflows and cash outflows from operating, financing, and investing activities for a defined period of time

2. A firm has after-tax cash flow from operations equal to $100,000. Operating working capital increased by $20,000, and the firm purchased $30,000 of fixed assets. The firm's free cash flow was

• A. $110,000.
• B. $150,000.
• C. $90,000.
• D. $50,000.