Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
6th Edition
ISBN: 9781337386920
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Chapter 15.7, Problem 2CC
Summary Introduction

To determine: The inclusions in operating activities section, investing activities section and financial activities section of a cash flow statement.

Introduction: The statement of cash flows, additionally termed as cash flow statement, is a financial statement that reports records the cash inflows and outflows amid a bookkeeping period.

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In comparison to investing and financing activities, it is often said that cash from operating activities must be the main source of cash to achieve long term success of the company. Do you agree or disagree with this statement? In your own words, give reason or reasons to support your answer taking into consideration the possible consequences of the cash being provided by any of the other two activities over the long run.
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