Problem
a) The cash flow statement partitions the firm's activities into three logical sections. These are operating activities, investing activities and financing activities. Discuss in detail how these three categories would affect transactions in a new business that you have just established.
b) Explain in detail how a good profitability analysis would be useful to a new business that you have just started.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.