GHI Company Cash Flows:
GHI Company Cash Flows:
Net income $80,000
Decrease in AR $5,000
Decrease in Inventory $10,000
Decrease in AP ($7,000)
Net cash from operations $88,000
Purchase of equipment ($30,000)
Net cash from investing ($30,000)
Issuance of stock $20,000
Net cash from financing $20,000
Net increase in cash during period $78,000
based on this limited information, what are your thoughts in regards to this company’s financial health?
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