What is the difference between cash flow used for investments and the cash flow from operations called?
In addition to providing a report on the effectiveness of its disclosure controls and internal control over financial reporting, the company’s principal executive officer and principal financial officer are required to sign two certifications. What are these two certifications?
Flip Co. acquired 100% of Flop Corp. prior to year 2. During year 2, the individual companies included in their financial statements thefollowing: Flip Flop Officers' salaries $ 75,000 $50,000 Officers' expenses 20,000 10,000 Loans to officers 125,000 50,000 Intercompany sales 150,000 -- What amount should be reported as related-party disclosures in the notes to Flip's year 2 consolidated financial statements.