A friend came to you to discuss a potential investment she was considering making. A quick look

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A friend came to you to discuss a potential investment she was considering making. A quick look at the company’s statement of cash flows shows the company had a – / + / + (operating / investing/financing) cash flow pattern.
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What does this tell you about the company? What would you advise your friend to do?
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Related Book For  book-img-for-question

Understanding Financial Accounting

ISBN: 978-1118849385

1st Canadian Edition

Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald

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