Another useful aspect of the cash flow statement is to compare operating cash flow to net income. The cash flow statement reflects the actual amount of cash the company receives from its operations. This cash flow statement is for a reporting period that ended on Sept. 28, 2019. As you’ll notice at the top of the statement, the opening balance of cash and cash equivalents was approximately $10.7 billion.<\/p>\n
The most surefire way to know how much working capital you have is to hire a bookkeeper. They\u2019ll make sure everything adds up, so your cash flow statement always gives you an accurate picture of your company\u2019s financial health. While income statements are excellent for showing you how much money you\u2019ve spent and earned, they don\u2019t necessarily tell you how much cash you have on hand for a specific period of time. As for the balance sheet, the net cash flow reported on the CFS should equal the net change in the various line items reported on the balance sheet.<\/p>\n