Financial Statements, Cash Flow, and Taxes

Assignment Task

Question 

1. What happened to sales and net income?

2. What effect did the expansion have on liabilities & equity?

3. Statement of Cash Flows for 2019: Operating Activities

4. What can you conclude from the statement of cash flows?

5. What is free cash flow (FCF)? Why is it important?

6. What are the five uses of FCF?

7. What are operating current assets?

8. What are operating current liabilities?

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