Using the Statement of Cash Flows You are considering an investment in a new start-up...
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Accounting
Using the Statement of Cash Flows
You are considering an investment in a new start-up company, Giraffe Inc., an Internet service provider. A review of the companys financial statements reveals a negative retained earnings. In addition, it appears as though the company has been running a negative cash flow from operating activities since the companys inception.
How is the company staying in business under these circumstances? Could this be a good investment?
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You can see the logs in the Dashboard.