Excerpts from the Agilysys, Inc.'s Form 10-K are on pages 140-143. Required 1. Using the Consolidated Statements

Question:

Excerpts from the Agilysys, Inc.'s Form 10-K are on pages 140-143.
Required
1. Using the Consolidated Statements of Cash Flows, prepare a summary analysis for the years ended March 31, 2007, 2006, and 2005. Analyze the cash flows for Agilysys, Inc. for all three years.
2. Explain what information you gain from the statement of cash flows that cannot be found directly from the or income statement.

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...