For a company of your own choosing, answer the following questions based on its statement of cash
Question:
For a company of your own choosing, answer the following questions based on its statement of cash flows:
a. Summarize the results for cash from operating, investing, and financing activities over the last two years.
b. Explain any significant changes in the items listed in part (a), from last year to this year.
c. Treating operations as a single source, what were the three most significant (largest) sources of cash in the most recent year?
d. Within the investing and financing sections, what were the four most significant (largest) uses of cash in the most recent year?
e. How has the company been financing its investing activities—through operating activities, financing activities, or both? Support your answer with numbers from the statement of cash flows.
Step by Step Answer:
Understanding Financial Accounting
ISBN: 9781119715474
3rd Canadian Edition
Authors: Christopher D. Burnley