1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow? Why?

Question

asked Nov 13, 2021 92.3k views

1 Answer

Anthony Palmer · Answer 1 · 2021-11-18T14:42:05+0000

Answer:

They have a negative cash flow.

Step-by-step explanation:

Because their net operating activities is not breaking even, in other words, they are losing money.