The statement of cash flow for Yahoo! contained the following numbers (dollars in millions): a. Explain how
Question:
The statement of cash flow for Yahoo! contained the following numbers (dollars in millions):
a. Explain how profit could be below operating cash flow in one year and above it the next.
b. Analyze Yahoo!’s cash management activities in 2011 and contrast them with2012.
Transcribed Image Text:
2012 2011 Profit Operating cash flow Cash flow from investing activities Cash flow from financing activities $3,945 1,049 (282) 324 202 3,362 (1,979 (1,456)
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a In 2011 profit was below operating cash flows because the change in operating accounts suc...View the full answer
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