Construct the cash flow identity for the company. Explain what each number means.
What is the cash flow to creditors? LO 4 22. Cash Flow Identity Graffiti Advertising, Inc., reported the following financial statements for the last two years. Construct the cash flow identity for the company. Explain what each number means. 2019 Income Statement Sales $750,727 Cost of goods sold 430,821 Selling and administrative 165,676 Depreciation 72,489 … Read more