Operating Activities: describe where Net Income is shown on the statement of cash flows and state the amount. refer back to the income statement to verify the amounts reported for Net Income are equal.  

Operating Activities

Reviewing your corporation’s statement of cash flows:  what do you learn about your SEC 10-K company as you view the four financial statements together?  Do you see net income from the income statement on your statement of cash flows?  Can you recalculate the amounts reflected as changes in current assets and current liabilities from your balance sheet(s)?
What is the main source of cash?  Operating, financing, or investing activities?  Is this a financially healthy way for the corporation to obtain cash flows?  What type of activities provide the healthiest source of cash flows ?

1.  Describe where Net Income is shown on the Statement of Cash Flows and state the amount. Refer back to the Income Statement to verify the amounts reported for Net Income are equal.

2.  What amount(s) is reported for depreciation and or amortization?

3.  Are any gains or losses reported on the Statement of Cash Flows?  If so, provide a summary of transaction(s) that resulted in the gains and or losses.