This week we covered Chapter 13, Statement of Cash Flows. This is the financial statement used to analyze the cash flow of a company. Why is cash flow important to a company? Research a case where a company went out of business or declared bankruptcy due to poor cash flow and not lack of sales, then summarize it for your initial post. It is not allowed to use the same company as a student from a previous post in Week 7.
Please make an initial post and two replies to either your classmates or professor. The initial post must be at least 250 words with one external reference in APA format, while your replies must be at least 100 words.
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