Shown below are totals of the three sections from the SCF for the Nanood Motel for the year just ended. Analyze this information and prepare a report indicating your opinion regarding its sources and uses of cash and their impact on the future of the company. Your conclusions and recommendations should be supported with proper explanations and assumptions.   Statement of Cash Flows            Net cash provided by operating activities             $5,000                                                                Net cash used by investing activities                    (50,000)                                                                        Net cash provided by financing activities.         $100,000                                                                         Increase in cash for the year                                    55,000                                                                                    Cash at beginning of year                                         15,000                                                                                            Cash at end of year                                                  $70,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Shown below are totals of the three sections from the SCF for the Nanood Motel for the year just ended. Analyze this information and prepare a report indicating your opinion regarding its sources and uses of cash and their impact on the future of the company. Your conclusions and recommendations should be supported with proper explanations and assumptions.

 

Statement of Cash Flows

 

         Net cash provided by operating activities             $5,000              

                                                 Net cash used by investing activities                    (50,000)                      

                                                 Net cash provided by financing activities.         $100,000                       

                                                 Increase in cash for the year                                    55,000                                  

                                                 Cash at beginning of year                                         15,000                                          

                                                 Cash at end of year                                                  $70,000              

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