Question
What does a business owner do when the cash balance approaches zero and there are bills to be paid? (Hint: look at the financing activities of the Cash Flow Statement and then look at the Retained Earnings statement)
What does a business owner do when there is an accumulation of cash in the checking account? (Hint: look at the investing activities of the Cash Flow Statement)
What does a business owner do when there is an accumulation of cash in the checking account? (Hint: look at the investing activities of the Cash Flow Statement)