ABC Company is engaged in the manufacturing of electronic equipment. The Company has reported net loss for the year 2013 but its Cash Flow Statement is showing a positive net cash flow. Being a student of Business Finance, you are required to discuss briefly the reasons behind the difference between net result of Income Statement and Cash Flow Statement.
2 answers
cash flow is positive and overall there is loss because the cover head cost of the electronic is expensive and operational cost is high.
THE CASH FLOW STATEMENT
One of the quarterly financial information any in public traded company is required to disclose to the SEC and the public. The document provides collective data concerning all cash inflows a company receives from both its ongoing operations and outside investment source, as well as all cash outflows that pay for business activities and investments through a given quarter.
One of the quarterly financial information any in public traded company is required to disclose to the SEC and the public. The document provides collective data concerning all cash inflows a company receives from both its ongoing operations and outside investment source, as well as all cash outflows that pay for business activities and investments through a given quarter.
1 answer