Global Telecom Inc. has positive cash flows from operating activities of $84,000, negative cash flows from investing activities of $160,000, and positive cash flows from financing activities of $110,000 for 2020. During 2020 Global Telecom issued 10,000 common shares for $100,000 and issued bonds for $10,000 which were used to purchase equipment to expand production. Analyze Global Telecom’s financial flexibility.
Global Telecom Inc. has positive cash flows from operating activities of $84,000, negative cash flows from investing activities of $160,000, and positive cash flows from financing activities of $110,000 for 2020. During 2020 Global Telecom issued 10,000 common shares for $100,000 and issued bonds for $10,000 which were used to purchase equipment to expand production. Analyze Global Telecom’s financial flexibility.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Global Telecom Inc. has positive
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