Q 1 . ?For each of the years on the Statement of Cash Flows, what were the
Question:
Q ?For each of the years on the Statement of Cash Flows, what were the firms major sources of cash? Its major uses of cash? Q ?For each of the years on the Statement of Cash Flows, was cash flow from operations greater than or less than net income? Explain in detail the major reasons for the difference between these two figures. Q ?For each of the years on the Statement of Cash Flows, were the working capital current asset and current liability ?accounts other than cash and cash equivalents primarily sources of cash, or users of cash? Q ?For each of the years on the Statement of Cash Flows, what other major items affected cash flows? Q ?What was the trend in net income? Q ?What was the trend in Cash flow from continuing ?operations? Q ?What was the trend in working capital accounts? Q ?Based on the evidence in the Statement of Cash Flows alone, what is your assessment of the financial strength of this business, why? Please answer all one by one and for each year ?and a short paragraph for Q ?Exhibit ?Alpha Corporation, Consolidated Statements of Cash Flows $ millions
Intermediate Accounting
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield