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Compare the profit reported in profit and loss account

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Reference no: EM132608895

Question 1 How much cash did the assigned company generate from or use in operating, investing & financing activities?

Question 2 Verify that the sum of net cash flow from operating, investing and financing activities equals the change in cash and cash equivalents over the reporting period.

Question 3 Does the amount of interest expense equal interest paid in the cash flow statement? Why or why not?

Question 4 Compare the profit reported in profit & loss account with the cash flow generated from operating activities. Find out the reasons for the difference.

Reference no: EM132608895

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