. Prepare a statement of cash flows for the Crosby Corporation using the general procedures indicated

This assignment covers constructing and analyzing statement of cash flows.

Demonstration (showing the work) and Resultant Answer.

Assignments: 

CHAPTER 2: #28 parts a,c, and c only

Statement of cash flows

28. Refer to the following financial statements for Crosby Corporation attached below.

a. Prepare a statement of cash flows for the Crosby Corporation using the general procedures indicated in Table 2-10.

b. Describe the general relationship between net income and net cash flows from operating activities for the firm.

c. Has the buildup in plant and equipment been financed in a satisfactory manner? Briefly discuss.

Block, S., Hirt, G., & Danielsen, B. (2013). Foundations of financial management (16th Ed). Retrieved from http://online.vitalsource.com


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