I like the cash flow statement, as in practice it was used the most for mergers &
Fantastic news! We've Found the answer you've been seeking!
Question:
I like the cash flow statement, as in practice it was used the most for mergers & acquisition work. In a startup, we expect operating cash flows to be zero or negative, financing cash flows to be positive, and investing cash flows to be negative
If a company is ten years old, and we see negative flows for operations as well as positive flows from investing, we have concerns as management is selling in the future to pay the present.
Why would it matter how long the company has been in business?
Related Book For
Horngrens Accounting
ISBN: 978-0133855388
10th Canadian edition Volume 2
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
Posted Date: