RKH Corporation reported a cash balance of $10,000 on its 12/31/2006 balance sheet. We can therefore assume:

Name: RKH Corporation reported a cash balance of $10,000 on its 12/31/2006 balance sheet. We can therefore assume:
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

The reported cash balance on the balance sheet only provides information about the ending balance, and does not indicate anything about the company's cash flow from operations during the year. Additional information would be needed to determine the actual cash flow from operations.

RKH Corporation Reported a Cash Balance of $10,000 on Its