Question
You are asked to build an annual three-statement cash flow model but have been unable to track down management's cash flow statement. Your next move
You are asked to build an annual three-statement cash flow model but have been unable to track down management's cash flow statement. Your next move is to:
a)Use the last two fiscal years' Balance Sheet and the last fiscal year's Income Statement to derive/calculate a Cash Flow Statement. |
b)Use the current year's Income Statement and the current year's Statement of Stockholders' Equity to derive/calculate a Cash Flow Statement. |
c)Throw up your hands in disgust and walk out of the room; it is impossible to build this model without a cash flow statement and you have no way of getting one now. |
d) Use the last two fiscal years' Balance Sheet and the last two fiscal years' Statement of Stockholders' Equity to derive/calculate a Cash Flow Statement. |
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