asked 92.3k views
4 votes
1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow?

Why?

asked
User MShah
by
7.7k points

1 Answer

4 votes

Answer:

They have a negative cash flow.

Step-by-step explanation:

Because their net operating activities is not breaking even, in other words, they are losing money.

answered
User Anthony Palmer
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8.0k points

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