Accounting News

Wednesday, October 12, 2011
Companies Cash Flow Up

A recent report by the Georgia Tech Financial Analysis Lab shows corporations saw an increase in revenue and cash flow in the second quarter. The report is a sample of 3,000 publicly traded companies in 44 industries. The data is taken from their financial statements.

Revenue was up by 15% and cash flow was up 4%. This data goes against the threat of a double dip recession. There was an increase in inventory which suggest the companies expected growing customer demand.