Visit the Bank of Americas Web site at http:// www.bankofamerica.com. Click on Small Business, then Resource Center
Question:
Visit the Bank of America’s Web site at http://
www.bankofamerica.com. Click on “Small Business,” then “Resource Center” and
“Managing Your Finances.” Then go to “Managing Your Cash Flow.” Watch the video; then click on “Resources” and answer the following questions based on what you read there.
a. What is the purpose of a cash fl ow statement?
b. What should be included in the operating activities section of the cash fl ow statement?
In the investing activities section? In the fi nancing activities section?
c. What are the two methods of calculating cash fl ow? Briefl y explain each method. LO.1
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Related Book For
Small Business Management Launching And Growing Entrepreneurial Ventures
ISBN: 9780324569728
14th Edition
Authors: Justin G. Longenecker, Carlos W. Moore, J. William Petty, Leslie E. Palich
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