Thalina Mineral Works is one of the world's leading producers of cultured pearls. The company's condensed statement
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Comment on Thalina Mineral Works' cash flows. Do you see any indicators of potential liquidity problems?
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2016 2015 2014 Net cash used by operating (937,703) $(4,938,229 $(1,786,654) activities Net cash used by investing activities Net cash used by financing 336,980) (261,468 (333,202) (186,582) 1,514,680) 5,120,909) activities 1,461,265 (6,714,377) 7240,765 Net change in cash and equivalents Cash and cash equivalents at beginning 7048409 13,762,786 of year Cash and cash equivalents at end of year $5,587144 7.048,409 $13,762786
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