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2-9 What can you conclude about the company's financial condition from its statement of cash flows? Net cash from operations=-$523, 936, mainly because of negative net income The firm borrowed $1, 185, 568 and sold $48, 600 in short-term investments to meet its cash requirements Even after borrowing, the cash account fell by $1, 718. Copy right C 2002 by Harcourt, Inc. All rights reserved2 - 9 Copyright © 2002 by Harcourt, Inc. All rights reserved. ◼Net cash from operations = -$523,936, mainly because of negative net income. ◼The firm borrowed $1,185,568 and sold $48,600 in short-term investments to meet its cash requirements. ◼Even after borrowing, the cash account fell by $1,718. What can you conclude about the company’s financial condition from its statement of cash flows?
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