Question

Currently digby is charged $6,664,000 depreciation on the income statment. digby is planning for an increase in this depreciation. what will this do on digby 's financial statements?

Answer 1

There will be Increase Net Cash From Operations on the Cash Flow Statement.

The cash flow statement (CFS), is a financial statement that summarizes the movement of cash and cash equivalents (CCE) that come in and go out of a company. The CFS measures how well a company manages its cash position, meaning how well the company generates cash to pay its debt obligations and fund its operating expenses. As one of the three main financial statements, the CFS complements the balance sheet and the income statement. In this article, we’ll show you how the CFS is structured and how you can use it when analyzing a company.

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