1. The Net (decrease) increase in net assets reported on the Statement of Cash Flows ties to what other statement?
2. Why does Depreciation and amortization increase Net cash provided by operating activities on the Statement of Cash Flows?
3. Why does Net change in realized and unrealized loss on investments increase Net cash provided by operating activities on the Statement of Cash Flows?
4. Why does (Decrease) in accounts payable decrease Net cash provided by operating activities on the Statement of Cash Flows?
5. Why does Restricted contributions decrease Net cash provided by operating activities on the Statement of Cash Flows?
6. How much did Interlochen pay for investments in fiscal year 2009?
7. What is the Net (decrease) increase in net assets reported on the Statement of Activities for year ended May 31, 2009 and what is the Net Decrease in Cash and Cash Equivalents reported on the Statement of Cash Flows for the year ended May 31, 2009?
8. Based on the answers in question 7 why could a user be confused about how Interlochen performed during year ended May 31, 2009?
9. The Cash and Cash Equivalents-End of the year reported on the Statement of Cash Flows match which item reported on the Statement of Financial Position?
10. If you were a board member reviewing the Statement of Cash Flows for Interlochen, would you feel comfortable with the cash position of the organization at May 31, 2009? Why or why not?
Attachment:- Interlochen-Center-for-the-Arts.rar