The following information was taken from the 2014 annual reportstatements of cash flowsof United Technologies Corporation (UTC),

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The following information was taken from the 2014 annual report€”statements of cash flows€”of United Technologies Corporation (UTC), a diversified manufacturing conglomerate (dollars in millions). 

Cash from Operations Cash from Investing Cash from Financing Year 6,605 (18,795) (1,464) (2,305) 2012 8,021 2013 7,505 (


REQUIRED:
What does this pattern of cash flows indicate about UTC€™s business strategy, performance, and cash balances from 2012 to 2014?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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