Additional problem: Access the SEC/Edgar Web site for the Qwest International Communications, Inc. Form 10-K Annual Report for the Year 2005. Notice the reported $757 million loss in 2005. Answer the following:

o Does this necessarily mean the company's operating activities consumed cash in 2005? Explain. 

o Looking at the company's 2005 Annual Statement of Cash Flows, did operating activities consume cash or generate cash? How much? 

o What was Qwest's single largest operating source of cash in 2005? Explain how this could be a source of cash.

Answer rating: 100% (QA)

The reported profitloss includes the impact of the Companys operational operations as well as variou... View the full answer