Illustrate how the statement of cash flows can be used

Reference no: EM131339906

1. Illustrate how the statement of cash flows can be used as a financial planning technique.

2. Explain the difference between deterministic and probabilistic financial planning models.

3. Last year, Blue Lake Mines, Inc., had earnings after tax of $650,000. Included in its expenses were depreciation of $400,000 and deferred taxes of $100,000. The company also purchased new capital equipment for $300,000 last year. Calculate Blue Lake's after-tax cash flow for last year.

Reference no: EM131339906

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