This is going to be an analysis for Candela Corporation for the years ending July, 3, 2004, June 28, 2003 and June 29, 2002. I will interpret my analysis based on the statement of cash flow provided.
In 2002 Candela Corporation had a negative cash flow from operations. The company also reported a negative net income for 2002. The reasons for the negative cash flow from operation include reason of accounts receivable being pretty high. The large decrease in account payable cause also be at fault. The purchase of new plant assets, repurchase of treasury stock, and cash used up in operating activities all went to decrease the balance in cash & cash equivalents.
This is going to be an analysis for Candela Corpo