ABC Corporations consolidated income statement and balance sheet for the years 2011 and 2012 is shown in

Question:

ABC Corporation’s and for the years 2011 and 2012 is shown in Table 3.9 (in thousands of dollars). How do you think cash flow performance in 2011 compares with that of 2012 in the factory as well as accounts receivable? Do you think 2012 is an improvement over 2011? Why?
Consolidated Income Statement
When talking about the group financial statements the consolidated financial statements include Consolidated Income Statement that a parent must prepare among other sets of consolidated financial statements. Consolidated Income statement that is... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...