Bits Ltd and Pieces LtdComparative Cash Flows Statementsfor the year ended 30 June 2010 Bits Ltd. Pieces LtdCash Flows from Operating Activities $ 77,100 $ (81,600)Cash Flows from Investing Activities (441,000) (150,750)Cash Flows from Financing Activities 217,500 82,500Net increase (decrease) in cash held (146,400) (149,850)Cash at Beginning 183,900 185,000Cash at End $37,500 $35,150What does this comparison say about the relative cash flow performance of these entities?Why are we concerned about Pieces?
RECOMMENDED!!ACOUNTING-Bits Ltd and Pieces Ltd-Comparative Cash Flows Statements
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