The following information was taken from the financial statements of Health and Racquet Company as of December 31, 20-B and 20-A. Net income $227,000 Balance sheet data: 20-B 20-A Accounts receivable $33,000 $28,000 Accounts payable 13,700 6,500 Required: Compute cash flows from operating activities for 20-B. Use a minus to indicate any decreases in cash or cash outflows. Health and Racquet Company Statement of Cash Flows (Partial) For the Year Ended December 31, 20-B and 20-A Adjustments for changes in current assets and liabilities related to operating activities: Net cash provided by operating activities

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Cash Flow Statement Analysis

A company's cash flow is the movement of its cash inflows and cash outflows. A cash flow statement is prepared to determine changes in an organization's cash position. A cash flow statement shows how much money was generated and spent on the business during the fiscal year. The cash flow analysis is a method of analyzing an organization's investing, financing, and operating activities. A cash flow statement reveals an organization's liquidity and solvency, as well as its ability to change cash flows in the future. It eliminates the other effects of accounting methods by improving the comparability of different organizations' operational performance.