I'm working on a accounting discussion question and need an explanation and answer to help me learn.
- Name one industry (retail, technology, biopharma, etc) that you find interesting and compelling and state why it attracts your interest.
- Lookup a public company in that industry – Who is it?
- Look at their balance sheet and statement of cash flows. Are their Current Assets greater than their Current Liabilities?
- What does this tell you about the Company’s financial position?
- Now, look at the statement of cash flows. Which activity is generating the most cash (if any) for the Company you selected?
