Statement of Cashflows, Adjustments to Operating Activities
Hello,
I am looking at a statement of cashflows:
Here is the scenario
Net Income -9082.24
Adjustments to reconcile net income to net cash provided by operations
Accounts Receivable -480
Net Cash provided by Operating Activities -9562.24
What does the adjustments to reconcile net income to net cash mean?
And why is does the number (net cash provided by operating activites) continue to decrease if we can an accounts receivable. Wouldn't that increase our cash once the receivable is paid?