Question: Review the Cash Flow Statement presented below and answer the following question: What is the most important line/entry on the statement of Cash Flows?

Review the Cash Flow Statement presented below and answer the following question:What is the most important line/entry on the statement of Cash Flows?Statement of Cash Flows As of December 31 Line 1 Net Income

Review the Cash Flow Statement presented below and answer the following question: What is the most important line/entry on the statement of Cash Flows? Statement of Cash Flows As of December 31 Line 1 Net Income 2011 $1,087 Line 2 Adjustments to reconcile net income to net cash, provided by operating activities $486 Line 3 Change in operating assets and liabilities $45 Line 4 Net Cash Provided by Operating Activities $1,528 Line 5 Net Cash Used in Investing Activities ($3,282) Line 6 Net Cash Provided by Financing Activities $2,001 Line 7 Cash and Cash Equivalents, end of year a. Line 4 $827 b. Line 1 Oc. Line 7 Od. Line 6

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!