Assignment
Using the provided Income Statement and Balance Sheet, generate a Cash Flow Statement.
You may have to make some assumptions in the process; list them in a comment column of your Cash Flow Statement. You will then write a narrative, summarize your findings and observations.
Consider the following as you develop the statement and summary:
1. What can you say about their profit vs cash situation?
2. Are they in danger of running out of cash?
3. What does their, as Warren Buffet refer, ‘owning earnings' (free cash flow) look like?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.