2019 NIGA CERTIFICATION COURSE
29
(c) 2019 - N WADDELL, CPA, CGMA, PROFESSIONAL CORP.
MORE ANALYSIS
Ø CASH FLOWS: WHY DO WE CARE? Because cash flows reflect what cash has been generated or consumed by the Casino operation over a period of time.
29
30
MORE ANALYSIS CASH FLOWS THINK ABOUT: ü OPERATING CASH, Can the Casino’s current revenue cover its day to day operations? ü INVESTING CASH, What are the changes affecting cash balances that are related to fixed assets and investments? ü FINANCING CASH FLOW, How is debt affecting cash, is there an indication of financial distress? (c) 2019 - N WADDELL, CPA, CGMA, PROFESSIONAL CORP.
30
(c) 2019 - N WADDELL, CPA, CGMA, PROFESSIONAL CORP.
15
Made with FlippingBook - Online catalogs