Components of a Cash Flow Statement
For over 30 years, Lester Turnquest has served in various leadership capacities in the finance industry. Having started his career in the Government of The Bahamas’ Ministry of Finance, he now serves as the managing director of the Green Bay Group, Ltd., in Nassau, Bahamas. Throughout his career, Lester Turnquest of Nassau, Bahamas, has had such responsibilities as monitoring property performance and analyzing cash flow. Most cash flow statements split cash flow into three different categories: operations, investing, and finance. Operating activities typically serve as the main source of cash and costs. They include all direct and indirect costs that are associated with particular services or products and encompass the income gained through sales. Further, cash flow statements detail information about operating costs that income statements do not always cover. Meanwhile, investing cash flow includes any assets that have been bought or sold during a specific period of time. These a...