Attached is the Statement of Cash Flows for the most recent fiscal year. This statement provides an overview of Noskaj Company’s activities for the year which affected the company’s balance of cash. The statement is divided into three sections: cash provided or used by operating activities, investing activities, and financing activities. By examining each of these three sections, you can see how each group of activities affected the company’s ending balance of cash.
The operating activities section reflects activity that took place on the company’s income statement. With regard to operating activities, the company took in $534,200 from customers, which reflects the sales revenue for the year less any outstanding accounts receivable from customers