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Review the statement of cash flows for progessive insurance ...


Sent to General Experts February 06, 2007 12:27 p.m.
Review the statement of cash flows for progessive insurance and state farm insurance for the three most recent fiscal years and identify how much cash was generated or used by operating, financing, and investing activities as well as some of the significant internal events that affects the companies' cash position?
Customer (name blocked for privacy)
Status: Closed   Value: $50   
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Sent February 06, 2007 2:52 p.m. (2 hours and 25 minutes later)
Relist: I still need help.
Customer (name blocked for privacy)
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Sent February 06, 2007 2:56 p.m. (3 minutes and 55 seconds later)
Relist: I still need help.
I REALLY NEED THIS QUESTION ANSWERED TODAY, I WOULD PAY MORE, BUT THATS ALL I HAVE IT THIS TIME.
Customer (name blocked for privacy)
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Sent February 06, 2007 2:58 p.m. (2 minutes and 17 seconds later)
Relist: I still need help.
I REALLY NEED THIS QUESTION ANSWERED TODAY, I WOULD PAY MORE, BUT THATS ALL I HAVE IT THIS TIME. PLEASE SOMEONE GIVE ME SOME MUCH NEEDED HELP!!
Customer (name blocked for privacy)
Answer
February 06, 2007 3:54 p.m. (55 minutes and 36 seconds later) 		ACCEPTED Check Mark

Hello Customer (name blocked for privacy)

Greetings

The info on the following link gives the indepth details of cash flow statements in insurance sector. The review of cash flows, income statements, and the balance sheet positions are given in it. I hope the info on this website will answer all your question regarding insurance. Please visit the following link for complete information.

http://www.fool.com/personal-finance/insurance/2007/01/30/hustle-and-flow-through-an-insurers-financial-stat.aspx

Secondly regarding cash flow statements for state farm insurance, the info on the following two links are very helpful and supposed to be the best links on state farm insurance. They speak about all the matters relating to your question and step by step reasons are given why the cash flow budget is a useful management tool. Please see below for comprehensive study of cash flow budgeting of state farm business.

http://www.agmrc.org/agmrc/business/operatingbusiness/cashflowbudgetingforavalue.htm

The following link deals about developing an income statement for value added farm business.

http://www.agmrc.org/agmrc/business/operatingbusiness/developinganincomestatement.htm

Finally internal events affecting the cash position of the companies refers to working capital management. The factors influencing cash position or working capital are given in the following link. The reasons are explained and the suggestions are given as to how to improve the working capital position of the companies. Please see the link below for complete details.

http://www.bofabusinesscapital.com/resources/capeyes/a07-05-294.html?bucket=9

I hope this helps. If you are happy with my answer please click on ACCEPT button and any bonus is appreciated.

Thank you.
Ramesh  -- Internet Researcher -- 95% Positive Feedback on 155 General Accepts
Bachelor degree in Commerce.

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